11, SOMERSBY CLOSE, LINCOLN, LN6 8AF - £250,000

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 SOMERSBY CLOSE is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £250,000 in January 2020, which was around 2% above the average January 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was C.

11 SOMERSBY CLOSE Sold Prices

Land registry data shows five sales for 11 SOMERSBY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Most of the five 11 SOMERSBY 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
2020 24 JAN	£250,000	£244,287	2% above HPI
2011 1 MAR	£150,000	£174,193	14% below HPI
2009 20 FEB	£150,000	£167,658	11% below HPI
1998 11 NOV	£65,500	£68,291	4% below HPI
1996 25 MAR	£57,500	£62,828	8% below HPI

11 SOMERSBY 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 five 11 SOMERSBY CLOSE sales between March 1996 and January 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 March 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 11 SOMERSBY CLOSE?

11 SOMERSBY CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 50% 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 SOMERSBY CLOSE lies on this distribution: 56% of detached houses are smaller than 11 SOMERSBY CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

11 SOMERSBY CLOSE: Plot and Title Map

11 SOMERSBY CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 11 SOMERSBY 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 SOMERSBY 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 SOMERSBY CLOSE?

11 SOMERSBY CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 11 on SOMERSBY CLOSE.