16, BANGOR CLOSE, LINCOLN, LN5 8TH - £158,000

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

16 BANGOR CLOSE is a very small extended detached house of 70m², built sometime between 1967 and 1975. It was last sold for £158,000 in July 2016, which was around 28% below the average July 2016 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

16 BANGOR CLOSE Sold Prices

Land registry data shows five sales for 16 BANGOR CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the five 16 BANGOR 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
2016 22 JUL	£158,000	£219,126	28% below HPI
2010 23 JUL	£134,000	£175,222	24% below HPI
1999 27 AUG	£50,500	£72,220	30% below HPI
1998 15 JUN	£47,000	£67,336	30% below HPI
1997 1 SEP	£38,000	£65,947	42% below HPI

16 BANGOR 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 five 16 BANGOR CLOSE sales between September 1997 and July 2016 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 July 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 16 BANGOR CLOSE?

16 BANGOR CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 16 BANGOR CLOSE lies on this distribution: 14% of detached houses are smaller than 16 BANGOR CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

16 BANGOR CLOSE: Plot and Title Map

16 BANGOR CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 16 BANGOR 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 16 BANGOR 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 16 BANGOR CLOSE?

16 BANGOR CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 16 on BANGOR CLOSE.