12, MEADOWLAKE CLOSE, LINCOLN, LN6 0UA - £109,000

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 MEADOWLAKE CLOSE is a very small semi-detached house of 47m², built sometime between 1991 and 1995. It was last sold for £109,000 in July 2013, which was around 41% below the average July 2013 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

12 MEADOWLAKE CLOSE Sold Prices

Land registry data shows two sales for 12 MEADOWLAKE 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 MEADOWLAKE 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
2013 5 JUL	£109,000	£184,255	41% below HPI
1999 17 SEP	£49,950	£71,037	30% below HPI

12 MEADOWLAKE 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 MEADOWLAKE CLOSE sales from September 1999 and July 2013 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 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2013 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 12 MEADOWLAKE CLOSE?

12 MEADOWLAKE CLOSE is 47m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% 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 MEADOWLAKE CLOSE lies on this distribution: 1% of detached houses are smaller than 12 MEADOWLAKE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

12 MEADOWLAKE CLOSE: Plot and Title Map

12 MEADOWLAKE CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 12 MEADOWLAKE 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 MEADOWLAKE 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 MEADOWLAKE CLOSE?

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