2, BURE CLOSE, LINCOLN, LN6 8TG - £357,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 BURE CLOSE is a large extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £357,000 in March 2022, which was around 21% above the average March 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

2 BURE CLOSE Sold Prices

Land registry data shows two sales for 2 BURE 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 2 BURE 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
2022 14 MAR	£357,000	£295,020	21% above HPI
2018 9 MAY	£247,500	£242,069	2% above HPI

2 BURE 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 2 BURE CLOSE sales from May 2018 and March 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 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 2 BURE CLOSE?

2 BURE CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 40% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 2 BURE CLOSE lies on this distribution: 63% of detached houses houses are smaller than 2 BURE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

2 BURE CLOSE: Plot and Title Map

2 BURE CLOSE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 2 BURE 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 BURE 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 BURE CLOSE?

2 BURE CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 2 on BURE CLOSE.