2, BISHOP CLOSE, DUNHOLME, LINCOLN, LN2 3US - £207,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 BISHOP CLOSE is a very small semi-detached house of 74m², built sometime between 1996 and 2002. It was last sold for £207,000 in August 2023, which was around 26% below the average August 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

2 BISHOP CLOSE Sold Prices

Land registry data shows four sales for 2 BISHOP 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 West Lindsey local authority area for the corresponding sale date. All of the four 2 BISHOP 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
2023 4 AUG	£207,000	£280,309	26% below HPI
2021 21 MAY	£188,000	£251,203	25% below HPI
2016 21 DEC	£164,950	£206,444	20% below HPI
2001 22 FEB	£60,000	£81,251	26% below HPI

2 BISHOP CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 2 BISHOP CLOSE sales between February 2001 and August 2023 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 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 BISHOP CLOSE?

2 BISHOP CLOSE is 74m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Dunholme, based on EPC data. The below chart shows the distribution of detached houses by size in Dunholme, and where 2 BISHOP CLOSE lies on this distribution: 8% of detached houses are smaller than 2 BISHOP CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Dunholme.

2 BISHOP CLOSE: Plot and Title Map

2 BISHOP CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 2 BISHOP 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 BISHOP 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 2 BISHOP CLOSE?

2 BISHOP CLOSE is located in DUNHOLME, in the LN2 postcode district. The below map shows the position of No. 2 on BISHOP CLOSE.