2, MEAD CLOSE, LINCOLN, LN6 7LB - £194,000

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 MEAD CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £194,000 in December 2022, which was around 37% below the average December 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

2 MEAD CLOSE Sold Prices

Land registry data shows two sales for 2 MEAD 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 Lincoln local authority area for the corresponding sale date. Both of the two 2 MEAD 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 2 DEC	£194,000	£306,888	37% below HPI
2015 27 FEB	£100,000	£202,156	51% below HPI

2 MEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 2 MEAD CLOSE sales from February 2015 and December 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 February 2015 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the December 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 MEAD CLOSE?

2 MEAD CLOSE is 75m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 MEAD CLOSE lies on this distribution: 19% of detached houses are smaller than 2 MEAD CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 MEAD CLOSE: Plot and Title Map

2 MEAD CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 MEAD 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 MEAD 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 MEAD CLOSE?

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