22, LACY CLOSE, NETTLEHAM, LINCOLN, LN2 2WF - £268,000

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

22 LACY CLOSE is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £268,000 in April 2019, which was around 19% above the average April 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

22 LACY CLOSE Sold Prices

Land registry data shows two sales for 22 LACY 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 West Lindsey local authority area for the corresponding sale date. Both of the two 22 LACY 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
2019 29 APR	£268,000	£224,278	19% above HPI
1997 11 APR	£76,000	£65,543	16% above HPI

22 LACY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 22 LACY CLOSE sales from April 1997 and April 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 April 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2019 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 22 LACY CLOSE?

22 LACY CLOSE is 85m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 22 LACY CLOSE lies on this distribution: 20% of detached houses are smaller than 22 LACY CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

22 LACY CLOSE: Plot and Title Map

22 LACY CLOSE sits on a plot of roughly 0.206 of an acre, or 835m². The below map shows the location of 22 LACY 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 LACY 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 LACY CLOSE?

22 LACY CLOSE is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 22 on LACY CLOSE.