11, TEESDALE CLOSE, LINCOLN, LN6 0XW - £165,000

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 TEESDALE CLOSE is a small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £165,000 in October 2019, which was around 33% below the average October 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

11 TEESDALE CLOSE Sold Prices

Land registry data shows two sales for 11 TEESDALE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 11 TEESDALE 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
2019 11 OCT	£165,000	£246,550	33% below HPI
2004 23 JAN	£103,500	£158,978	35% below HPI

11 TEESDALE 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 two 11 TEESDALE CLOSE sales from January 2004 and October 2019 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 January 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 11 TEESDALE CLOSE?

11 TEESDALE CLOSE is 76m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 11 TEESDALE CLOSE lies on this distribution: 20% of detached houses are smaller than 11 TEESDALE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

11 TEESDALE CLOSE: Plot and Title Map

11 TEESDALE CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 11 TEESDALE 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 TEESDALE 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 TEESDALE CLOSE?

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