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 LANGDALE CLOSE is a very small detached house of 62m², built sometime between 1991 and 1995. It was last sold for £205,000 in September 2022, which was around 28% below the average September 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 LANGDALE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 1 LANGDALE 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 |
---|---|---|---|
2022 20 SEP | £205,000 | £284,219 | 28% below HPI |
2013 29 OCT | £152,000 | £178,420 | 15% below HPI |
1995 30 JUN | £56,500 | £62,896 | 10% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 1 LANGDALE CLOSE sales between June 1995 and September 2022 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 October 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
1 LANGDALE CLOSE is 62m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% 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 LANGDALE CLOSE lies on this distribution: 7% of detached houses are smaller than 1 LANGDALE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
1 LANGDALE CLOSE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 1 LANGDALE 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 LANGDALE 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.
1 LANGDALE CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 1 on LANGDALE CLOSE.