14, HALE CLOSE, LINCOLN, LN2 4TZ - £240,000

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

14 HALE CLOSE is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £240,000 in January 2022, which was around 17% below the average January 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

14 HALE CLOSE Sold Prices

Land registry data shows two sales for 14 HALE 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 14 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
2022 28 JAN	£240,000	£287,868	17% below HPI
2016 5 SEP	£175,000	£226,979	23% below HPI

14 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 two 14 HALE CLOSE sales from September 2016 and January 2022 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 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 14 HALE CLOSE?

14 HALE CLOSE is 88m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 14 HALE CLOSE lies on this distribution: 36% of detached houses are smaller than 14 HALE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

14 HALE CLOSE: Plot and Title Map

14 HALE CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 14 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 14 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 14 HALE CLOSE?

14 HALE CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 14 on HALE CLOSE.