22, BANGOR CLOSE, LINCOLN, LN5 8TH - £245,000

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

22 BANGOR CLOSE is a midsized extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £245,000 in May 2020, which was around 3% below the average May 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

22 BANGOR CLOSE Sold Prices

Land registry data shows five sales for 22 BANGOR 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 Lincoln local authority area for the corresponding sale date. All of the five 22 BANGOR 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
2020 27 MAY	£245,000	£252,138	3% below HPI
2018 14 NOV	£245,000	£246,964	1% below HPI
2006 20 DEC	£137,500	£184,937	26% below HPI
1999 28 JUN	£61,500	£70,349	13% below HPI
1998 9 JAN	£58,000	£66,894	13% below HPI

22 BANGOR 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 five 22 BANGOR CLOSE sales between January 1998 and May 2020 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 November 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 22 BANGOR CLOSE?

22 BANGOR CLOSE is 99m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 22 BANGOR CLOSE lies on this distribution: 48% of detached houses are smaller than 22 BANGOR CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

22 BANGOR CLOSE: Plot and Title Map

22 BANGOR CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 22 BANGOR 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 22 BANGOR 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 22 BANGOR CLOSE?

22 BANGOR CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 22 on BANGOR CLOSE.