11, GERALDS CLOSE, LINCOLN, LN2 4AL - £285,000

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

11 GERALDS CLOSE is a very large extended detached house of 158m², built sometime between 1930 and 1949. It was last sold for £285,000 in November 2012, which was around 58% above the average November 2012 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

11 GERALDS CLOSE Sold Prices

Land registry data shows three sales for 11 GERALDS 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 11 GERALDS 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
2012 19 NOV	£285,000	£180,006	58% above HPI
2008 30 MAY	£300,000	£190,247	58% above HPI
2001 12 DEC	£210,000	£95,497	120% above HPI

11 GERALDS 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 11 GERALDS CLOSE sales between December 2001 and November 2012 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 May 2008 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the November 2012 sale, which was also at 58% above the HPI.

How Large is 11 GERALDS CLOSE?

11 GERALDS CLOSE is 158m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 11 GERALDS CLOSE lies on this distribution: 89% of detached houses are smaller than 11 GERALDS CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

11 GERALDS CLOSE: Plot and Title Map

11 GERALDS CLOSE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 11 GERALDS 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 11 GERALDS 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 11 GERALDS CLOSE?

11 GERALDS CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 11 on GERALDS CLOSE.