1, PRINCESS ROYAL CLOSE, LINCOLN, LN2 5RX - £475,000

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 PRINCESS ROYAL CLOSE is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £475,000 in April 2020, which was around 89% above the average April 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.

1 PRINCESS ROYAL CLOSE Sold Prices

Land registry data shows three sales for 1 PRINCESS ROYAL 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. All of the three 1 PRINCESS ROYAL 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
2020 9 APR	£475,000	£251,244	89% above HPI
2003 16 SEP	£335,000	£153,529	118% above HPI
1996 31 JAN	£90,000	£62,528	44% above HPI

1 PRINCESS ROYAL 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 PRINCESS ROYAL CLOSE sales between January 1996 and April 2020 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 2003 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the April 2020 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is 1 PRINCESS ROYAL CLOSE?

1 PRINCESS ROYAL CLOSE is 134m² according to the EPC inspection conducted in January 2020. 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 PRINCESS ROYAL CLOSE lies on this distribution: 79% of detached houses are smaller than 1 PRINCESS ROYAL CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 PRINCESS ROYAL CLOSE: Plot and Title Map

1 PRINCESS ROYAL CLOSE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 1 PRINCESS ROYAL 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 PRINCESS ROYAL 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 PRINCESS ROYAL CLOSE?

1 PRINCESS ROYAL CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 1 on PRINCESS ROYAL CLOSE.