2, GLEBE CLOSE, INGHAM, LINCOLN, LN1 2FN - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 GLEBE CLOSE is a very small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £165,000 in December 2013, which was around 11% below the average December 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

2 GLEBE CLOSE Sold Prices

Land registry data shows four sales for 2 GLEBE 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. Most of the four 2 GLEBE 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
2013 6 DEC	£165,000	£185,614	11% below HPI
2002 18 JAN	£91,500	£93,071	2% below HPI
1998 28 AUG	£65,000	£71,439	9% below HPI
1996 29 MAR	£62,500	£60,620	3% above HPI

2 GLEBE 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 GLEBE CLOSE sales between March 1996 and December 2013 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 January 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2013 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 GLEBE CLOSE?

2 GLEBE CLOSE is 89m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses in Ingham, based on EPC data. The below chart shows the distribution of detached houses by size in Ingham, and where 2 GLEBE CLOSE lies on this distribution: 18% of detached houses are smaller than 2 GLEBE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ingham.

2 GLEBE CLOSE: Plot and Title Map

2 GLEBE CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 GLEBE 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 GLEBE 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 GLEBE CLOSE?

2 GLEBE CLOSE is located in INGHAM, in the LN1 postcode district. The below map shows the position of No. 2 on GLEBE CLOSE.