2, SHIRE CLOSE, BILLINGHAY, LINCOLN, LN4 4GR - £261,500

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 SHIRE CLOSE is a very large detached house of 238m², built sometime from 2007 onwards. It was last sold for £261,500 in November 2018, which was around 2% above the average November 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was B.

2 SHIRE CLOSE Sold Prices

Land registry data shows five sales for 2 SHIRE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 2 SHIRE 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
2018 15 NOV	£261,500	£256,562	2% above HPI
2018 12 JUL	£225,000	£250,557	10% below HPI
2005 16 NOV	£155,000	£178,849	13% below HPI
2005 16 SEP	£150,000	£178,724	16% below HPI
2004 2 JUL	£170,000	£168,745	1% above HPI

2 SHIRE 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 five 2 SHIRE CLOSE sales between July 2004 and November 2018 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 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 2 SHIRE CLOSE?

2 SHIRE CLOSE is 238m² according to the EPC inspection conducted in January 2019. This puts it in the largest 10% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 2 SHIRE CLOSE lies on this distribution: 99% of detached houses are smaller than 2 SHIRE CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

2 SHIRE CLOSE: Plot and Title Map

2 SHIRE CLOSE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 2 SHIRE 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 SHIRE 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 SHIRE CLOSE?

2 SHIRE CLOSE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 2 on SHIRE CLOSE.