1, ALBION CLOSE, LINCOLN, LN1 1ED - £207,500

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 ALBION CLOSE is a midsized extended detached house of 96m², built sometime between 1976 and 1982. It was last sold for £207,500 in September 2014, which was around 3% above the average September 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

1 ALBION CLOSE Sold Prices

Land registry data shows two sales for 1 ALBION CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. One of the two 1 ALBION CLOSE sales was for above the average price, whilst the other was for below 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
2014 30 SEP	£207,500	£202,192	3% above HPI
2006 8 NOV	£170,000	£185,647	8% below HPI

1 ALBION 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 two 1 ALBION CLOSE sales from November 2006 and September 2014 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 November 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2014 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 1 ALBION CLOSE?

1 ALBION CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% 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 ALBION CLOSE lies on this distribution: 44% of detached houses are smaller than 1 ALBION CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 ALBION CLOSE: Plot and Title Map

1 ALBION CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 1 ALBION 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 ALBION 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 ALBION CLOSE?

1 ALBION CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 1 on ALBION CLOSE.