16, CARRAL CLOSE, LINCOLN, LN5 9BD - £212,500

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

16 CARRAL CLOSE is a very small detached house of 67m², built sometime between 1976 and 1982. It was last sold for £212,500 in October 2022, which was around 31% below the average October 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

16 CARRAL CLOSE Sold Prices

Land registry data shows three sales for 16 CARRAL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 16 CARRAL 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 21 OCT	£212,500	£306,120	31% below HPI
2022 19 APR	£174,000	£294,905	41% below HPI
2009 17 APR	£104,000	£163,988	37% below HPI

16 CARRAL 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 three 16 CARRAL CLOSE sales between April 2009 and October 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 April 2022 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 16 CARRAL CLOSE?

16 CARRAL CLOSE is 67m² according to the EPC inspection conducted in January 2022. 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 CARRAL CLOSE lies on this distribution: 11% of detached houses are smaller than 16 CARRAL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

16 CARRAL CLOSE: Plot and Title Map

16 CARRAL CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 16 CARRAL 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 CARRAL 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 CARRAL CLOSE?

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