13, SOMERSBY CLOSE, LINCOLN, LN6 8AF - £273,000

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 SOMERSBY CLOSE is a midsized detached house of 93m², built sometime between 1950 and 1966. It was last sold for £273,000 in August 2020, which was around 7% above the average August 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

13 SOMERSBY CLOSE Sold Prices

Land registry data shows two sales for 13 SOMERSBY 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. One of the two 13 SOMERSBY CLOSE sales was for above the average price, whilst the other was 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 7 AUG	£273,000	£255,170	7% above HPI
2015 30 OCT	£170,000	£209,684	19% below HPI

13 SOMERSBY 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 13 SOMERSBY CLOSE sales from October 2015 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 October 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 13 SOMERSBY CLOSE?

13 SOMERSBY CLOSE is 93m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% 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 SOMERSBY CLOSE lies on this distribution: 41% of detached houses are smaller than 13 SOMERSBY CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

13 SOMERSBY CLOSE: Plot and Title Map

13 SOMERSBY CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 13 SOMERSBY 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 SOMERSBY 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 SOMERSBY CLOSE?

13 SOMERSBY CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 13 on SOMERSBY CLOSE.