18, FALCON CLOSE, EAGLE, LINCOLN, LN6 9DX - £137,950

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

18 FALCON CLOSE is a small detached house of 81m², built sometime between 1930 and 1949. It was last sold for £137,950 in December 2006, which was around 27% below the average December 2006 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

18 FALCON CLOSE Sold Prices

Land registry data shows four sales for 18 FALCON 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 North Kesteven local authority area for the corresponding sale date. All of the four 18 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
2006 15 DEC	£137,950	£188,412	27% below HPI
2002 2 JAN	£65,000	£95,392	32% below HPI
2000 12 JUL	£54,000	£79,010	32% below HPI
2000 4 FEB	£44,500	£73,433	39% below HPI

18 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 four 18 FALCON CLOSE sales between February 2000 and December 2006 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 January 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2006 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 FALCON CLOSE?

18 FALCON CLOSE is 81m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Eagle, based on EPC data. The below chart shows the distribution of detached houses by size in Eagle, and where 18 FALCON CLOSE lies on this distribution: 34% of detached houses are smaller than 18 FALCON CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Eagle.

18 FALCON CLOSE: Plot and Title Map

18 FALCON CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 18 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 18 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 18 FALCON CLOSE?

18 FALCON CLOSE is located in EAGLE, in the LN6 postcode district. The below map shows the position of No. 18 on FALCON CLOSE.