16, FALCON CLOSE, EAGLE, LINCOLN, LN6 9DX - £152,500

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 FALCON CLOSE is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £152,500 in February 2013, which was around 14% below the average February 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2012, where the current energy rating was F, and the potential energy rating was B.

16 FALCON CLOSE Sold Prices

Land registry data shows two sales for 16 FALCON 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 North Kesteven local authority area for the corresponding sale date. Both of the two 16 FALCON 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
2013 25 FEB	£152,500	£176,803	14% below HPI
2012 14 SEP	£95,000	£179,422	47% below HPI

16 FALCON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 16 FALCON CLOSE sales from September 2012 and February 2013 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 2012 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2013 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 FALCON CLOSE?

16 FALCON CLOSE is 55m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in Eagle, based on EPC data. The below chart shows the distribution of detached houses by size in Eagle, and where 16 FALCON CLOSE lies on this distribution: 6% of detached houses are smaller than 16 FALCON CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Eagle.

16 FALCON CLOSE: Plot and Title Map

16 FALCON CLOSE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 16 FALCON 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 FALCON 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 FALCON CLOSE?

16 FALCON CLOSE is located in EAGLE, in the LN6 postcode district. The below map shows the position of No. 16 on FALCON CLOSE.