21, GERALDS CLOSE, LINCOLN, LN2 4AL - £323,000

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

21 GERALDS CLOSE is a very large extended detached house of 174m², built sometime between 1950 and 1966. It was last sold for £323,000 in November 2010, which was around 85% above the average November 2010 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

21 GERALDS CLOSE Sold Prices

Land registry data shows two sales for 21 GERALDS 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 21 GERALDS CLOSE sales were for 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
2010 19 NOV	£323,000	£174,364	85% above HPI
2001 5 JAN	£190,000	£80,503	136% above HPI

21 GERALDS 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 21 GERALDS CLOSE sales from January 2001 and November 2010 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 2001 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the November 2010 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 21 GERALDS CLOSE?

21 GERALDS CLOSE is 174m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 21 GERALDS CLOSE lies on this distribution: 93% of detached houses are smaller than 21 GERALDS CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

21 GERALDS CLOSE: Plot and Title Map

21 GERALDS CLOSE sits on a plot of roughly 0.413 of an acre, or 1,670m². The below map shows the location of 21 GERALDS 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 21 GERALDS 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 21 GERALDS CLOSE?

21 GERALDS CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 21 on GERALDS CLOSE.