1, FALCON CLOSE, EAGLE, LINCOLN, LN6 9DX - £123,000

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 FALCON CLOSE is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £123,000 in May 2014, which was around 37% below the average May 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

1 FALCON CLOSE Sold Prices

Land registry data shows three sales for 1 FALCON 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 North Kesteven local authority area for the corresponding sale date. All of the three 1 FALCON CLOSE sales were 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 23 MAY	£123,000	£194,858	37% below HPI
2009 15 APR	£105,000	£166,902	37% below HPI
2001 6 APR	£47,000	£80,833	42% below HPI

1 FALCON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 1 FALCON CLOSE sales between April 2001 and May 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 April 2009 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2014 sale, which was also at 37% below the HPI.

How Large is 1 FALCON CLOSE?

1 FALCON CLOSE is 56m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of detached houses in Eagle, based on EPC data. The below chart shows the distribution of detached houses by size in Eagle, and where 1 FALCON CLOSE lies on this distribution: 10% of detached houses are smaller than 1 FALCON CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Eagle.

1 FALCON CLOSE: Plot and Title Map

1 FALCON CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 1 FALCON 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 FALCON 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 FALCON CLOSE?

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