15, STRAHANE CLOSE, LINCOLN, LN5 8TL - £220,000

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

15 STRAHANE CLOSE is a midsized extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £220,000 in August 2019, which was around 12% below the average August 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

15 STRAHANE CLOSE Sold Prices

Land registry data shows eight sales for 15 STRAHANE CLOSE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. The eight 15 STRAHANE CLOSE sales were a mix of below the average price, and roughly equal to 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
2019 16 AUG	£220,000	£249,913	12% below HPI
2016 23 SEP	£186,000	£226,979	18% below HPI
2015 16 JAN	£180,000	£203,179	11% below HPI
2010 6 AUG	£165,000	£173,595	5% below HPI
2006 19 OCT	£170,000	£183,917	8% below HPI
2004 23 JAN	£150,000	£158,978	6% below HPI
2000 15 DEC	£80,000	£79,775	Close to HPI
1997 2 MAY	£55,000	£63,760	14% below HPI

15 STRAHANE 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 eight 15 STRAHANE CLOSE sales between May 1997 and August 2019 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 15 STRAHANE CLOSE?

15 STRAHANE CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 STRAHANE CLOSE lies on this distribution: 58% of detached houses are smaller than 15 STRAHANE CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

15 STRAHANE CLOSE: Plot and Title Map

15 STRAHANE CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 15 STRAHANE 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 STRAHANE 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 STRAHANE CLOSE?

15 STRAHANE CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 15 on STRAHANE CLOSE.