18, MALHAM CLOSE, LINCOLN, LN6 0XE - £232,500

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

18 MALHAM CLOSE is a small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £232,500 in June 2022, which was around 20% below the average June 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

18 MALHAM CLOSE Sold Prices

Land registry data shows six sales for 18 MALHAM CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Most of the six 18 MALHAM 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 17 JUN	£232,500	£291,808	20% below HPI
2022 3 MAY	£191,000	£290,963	34% below HPI
2018 26 JAN	£220,000	£236,080	7% below HPI
2013 12 AUG	£160,000	£186,779	14% below HPI
1998 4 SEP	£58,000	£67,435	14% below HPI
1995 12 MAY	£59,999	£58,816	2% above HPI

18 MALHAM 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 six 18 MALHAM CLOSE sales between May 1995 and June 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 May 2022 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 18 MALHAM CLOSE?

18 MALHAM CLOSE is 87m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 18 MALHAM CLOSE lies on this distribution: 34% of detached houses are smaller than 18 MALHAM CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

18 MALHAM CLOSE: Plot and Title Map

18 MALHAM CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 18 MALHAM 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 MALHAM 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 MALHAM CLOSE?

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