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
25 HIGGINS CLOSE is a very large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £475,000 in November 2022, which was around 56% above the average November 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 25 HIGGINS CLOSE since 1st 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. Most of the five 25 HIGGINS 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 |
---|---|---|---|
2022 24 NOV | £475,000 | £304,136 | 56% above HPI |
2002 6 NOV | £227,500 | £124,589 | 83% above HPI |
2002 24 SEP | £170,000 | £120,954 | 41% above HPI |
1999 10 DEC | £122,850 | £71,409 | 72% above HPI |
1998 6 OCT | £30,500 | £67,531 | 55% below HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The five 25 HIGGINS CLOSE sales between October 1998 and November 2022 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 2002 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the November 2022 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.
25 HIGGINS CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 25 HIGGINS CLOSE lies on this distribution: 80% of detached houses are smaller than 25 HIGGINS CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
25 HIGGINS CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 25 HIGGINS 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 25 HIGGINS 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.
25 HIGGINS CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 25 on HIGGINS CLOSE.