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
2 BARRATTS CLOSE is a large extended semi-detached house of 111m², built sometime between 1930 and 1949. It was last sold for £415,000 in March 2021, which was around 58% above the average March 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 2 BARRATTS CLOSE since 1st 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 2 BARRATTS CLOSE sales were for above 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 |
---|---|---|---|
2021 12 MAR | £415,000 | £263,492 | 58% above HPI |
2017 1 SEP | £355,000 | £233,789 | 52% above HPI |
2015 30 OCT | £265,000 | £209,684 | 26% above HPI |
2003 31 JAN | £179,000 | £128,023 | 40% above HPI |
2002 19 FEB | £122,500 | £95,505 | 28% above HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The five 2 BARRATTS CLOSE sales between February 2002 and March 2021 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 2017 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the March 2021 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.
2 BARRATTS CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 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 2 BARRATTS CLOSE lies on this distribution: 61% of detached houses are smaller than 2 BARRATTS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
2 BARRATTS CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 2 BARRATTS 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 2 BARRATTS 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.
2 BARRATTS CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 2 on BARRATTS CLOSE.