13, HALE CLOSE, LINCOLN, LN2 4TZ - £195,000

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

13 HALE CLOSE is a small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £195,000 in August 2020, which was around 24% below the average August 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

13 HALE CLOSE Sold Prices

Land registry data shows four sales for 13 HALE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 13 HALE 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 28 AUG	£195,000	£255,170	24% below HPI
2015 8 APR	£145,000	£205,149	29% below HPI
2003 3 OCT	£128,500	£154,210	17% below HPI
1999 13 AUG	£63,500	£72,220	12% below HPI

13 HALE 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 four 13 HALE CLOSE sales between August 1999 and August 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 April 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 13 HALE CLOSE?

13 HALE CLOSE is 76m² according to the EPC inspection conducted in December 2012. 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 13 HALE CLOSE lies on this distribution: 20% of detached houses are smaller than 13 HALE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

13 HALE CLOSE: Plot and Title Map

13 HALE CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 13 HALE 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 13 HALE 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 13 HALE CLOSE?

13 HALE CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 13 on HALE CLOSE.