12, LINCOLN CLOSE, GRANTHAM, NG31 8RQ - £149,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 LINCOLN CLOSE is a large extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £149,000 in June 2002, which was around 6% above the average June 2002 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

12 LINCOLN CLOSE Sold Prices

Land registry data shows two sales for 12 LINCOLN 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 South Kesteven local authority area for the corresponding sale date. Both of the two 12 LINCOLN 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
2002 24 JUN	£149,000	£140,590	6% above HPI
2000 29 SEP	£121,000	£107,836	12% above HPI

12 LINCOLN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 12 LINCOLN CLOSE sales from September 2000 and June 2002 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 2000 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2002 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 12 LINCOLN CLOSE?

12 LINCOLN CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 12 LINCOLN CLOSE lies on this distribution: 60% of detached houses are smaller than 12 LINCOLN CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Grantham.

12 LINCOLN CLOSE: Plot and Title Map

12 LINCOLN CLOSE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 12 LINCOLN 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 LINCOLN 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 LINCOLN CLOSE?

12 LINCOLN CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 12 on LINCOLN CLOSE.