1, BENDIGO CLOSE, LINCOLN, LN1 1AF - £318,000

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 BENDIGO CLOSE is a large detached house of 126m², built sometime between 2003 and 2006. It was last sold for £318,000 in August 2021, which was around 16% above the average August 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

1 BENDIGO CLOSE Sold Prices

Land registry data shows two sales for 1 BENDIGO 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. Both of the two 1 BENDIGO CLOSE sales were for 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
2021 27 AUG	£318,000	£274,260	16% above HPI
2005 17 JUN	£193,995	£176,206	10% above HPI

1 BENDIGO 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 BENDIGO CLOSE sales from June 2005 and August 2021 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 June 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 1 BENDIGO CLOSE?

1 BENDIGO CLOSE is 126m² according to the EPC inspection conducted in April 2017. This puts it in the largest 30% 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 BENDIGO CLOSE lies on this distribution: 74% of detached houses are smaller than 1 BENDIGO CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 BENDIGO CLOSE: Plot and Title Map

1 BENDIGO CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 1 BENDIGO 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 BENDIGO 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 BENDIGO CLOSE?

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