12, FROME CLOSE, LINCOLN, LN6 3DA - £320,000

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

12 FROME CLOSE is a very large extended detached house of 156m², built sometime between 1996 and 2002. It was last sold for £320,000 in April 2016, which was around 46% above the average April 2016 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

12 FROME CLOSE Sold Prices

Land registry data shows two sales for 12 FROME 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 12 FROME 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
2016 29 APR	£320,000	£218,778	46% above HPI
1998 29 MAY	£128,000	£65,683	95% above HPI

12 FROME 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 12 FROME CLOSE sales from May 1998 and April 2016 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 1998 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the April 2016 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 12 FROME CLOSE?

12 FROME CLOSE is 156m², which includes two extensions, according to the EPC inspection conducted in September 2023. 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 12 FROME CLOSE lies on this distribution: 88% of detached houses are smaller than 12 FROME CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

12 FROME CLOSE: Plot and Title Map

12 FROME CLOSE sits on a plot of roughly 0.243 of an acre, or 985m². The below map shows the location of 12 FROME 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 12 FROME 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 12 FROME CLOSE?

12 FROME CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 12 on FROME CLOSE.