2, TEESDALE CLOSE, LINCOLN, LN6 0XW - £195,000

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 TEESDALE CLOSE is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £195,000 in December 2019, which was around 20% below the average December 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

2 TEESDALE CLOSE Sold Prices

Land registry data shows three sales for 2 TEESDALE 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 Lincoln local authority area for the corresponding sale date. The three 2 TEESDALE CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2019 5 DEC	£195,000	£244,092	20% below HPI
1996 11 OCT	£64,000	£63,844	Close to HPI
1995 13 FEB	£64,000	£60,493	6% above HPI

2 TEESDALE 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 three 2 TEESDALE CLOSE sales between February 1995 and December 2019 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 October 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 TEESDALE CLOSE?

2 TEESDALE CLOSE is 88m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% 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 TEESDALE CLOSE lies on this distribution: 36% of detached houses are smaller than 2 TEESDALE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 TEESDALE CLOSE: Plot and Title Map

2 TEESDALE CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 2 TEESDALE 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 TEESDALE 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 TEESDALE CLOSE?

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