1, ACER CLOSE, LINCOLN, LN6 0RD - £235,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ACER CLOSE is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £235,000 in November 2019, which was around 5% below the average November 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was B.

1 ACER CLOSE Sold Prices

Land registry data shows three sales for 1 ACER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. The three 1 ACER CLOSE sales were a mix of below the average price, roughly equal to the average price, and above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 29 NOV	£235,000	£246,159	5% below HPI
2004 8 SEP	£172,500	£172,552	Close to HPI
2001 23 JUL	£97,000	£86,596	12% above HPI

1 ACER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 1 ACER CLOSE sales between July 2001 and November 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 1 ACER CLOSE?

1 ACER CLOSE is 88m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 1 ACER CLOSE lies on this distribution: 36% of detached houses are smaller than 1 ACER CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 ACER CLOSE: Plot and Title Map

1 ACER CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 1 ACER CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 ACER CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 ACER CLOSE?

1 ACER CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 1 on ACER CLOSE.