2, FOSTERS CLOSE, NAVENBY, LINCOLN, LN5 0DY - £245,000

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 FOSTERS CLOSE is a small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £245,000 in February 2022, which was around 17% below the average February 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 B.

2 FOSTERS CLOSE Sold Prices

Land registry data shows three sales for 2 FOSTERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 2 FOSTERS 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 22 FEB	£245,000	£294,972	17% below HPI
2000 24 JUL	£67,000	£79,010	15% below HPI
1995 6 JUN	£59,000	£61,095	3% below HPI

2 FOSTERS 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 three 2 FOSTERS CLOSE sales between June 1995 and February 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 July 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 FOSTERS CLOSE?

2 FOSTERS CLOSE is 81m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 2 FOSTERS CLOSE lies on this distribution: 21% of detached houses are smaller than 2 FOSTERS CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Navenby.

2 FOSTERS CLOSE: Plot and Title Map

2 FOSTERS CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 FOSTERS 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 FOSTERS 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 FOSTERS CLOSE?

2 FOSTERS CLOSE is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 2 on FOSTERS CLOSE.