15, FROME CLOSE, LINCOLN, LN6 3DA - £297,500

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

15 FROME CLOSE is a midsized detached house of 107m², built sometime between 1996 and 2002. It was last sold for £297,500 in October 2015, which was around 42% above the average October 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

15 FROME CLOSE Sold Prices

Land registry data shows four sales for 15 FROME 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 15 FROME 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
2015 13 OCT	£297,500	£209,684	42% above HPI
2014 6 AUG	£275,000	£200,990	37% above HPI
2000 31 JUL	£135,000	£77,337	75% above HPI
1998 28 JUL	£117,000	£67,807	73% above HPI

15 FROME 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 15 FROME CLOSE sales between July 1998 and October 2015 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 August 2014 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2015 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 15 FROME CLOSE?

15 FROME CLOSE is 107m² according to the EPC inspection conducted in June 2015. This puts it in the largest 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 15 FROME CLOSE lies on this distribution: 57% of detached houses are smaller than 15 FROME CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

15 FROME CLOSE: Plot and Title Map

15 FROME CLOSE sits on a plot of roughly 0.204 of an acre, or 825m². The below map shows the location of 15 FROME 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 15 FROME 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 15 FROME CLOSE?

15 FROME CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 15 on FROME CLOSE.