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
25 LINCOLN CLOSE is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £150,000 in November 2012, which was around 31% below the average November 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 25 LINCOLN CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 25 LINCOLN 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 |
---|---|---|---|
2012 23 NOV | £150,000 | £218,378 | 31% below HPI |
2001 27 APR | £77,000 | £117,024 | 34% below HPI |
1996 26 APR | £54,000 | £68,232 | 21% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 25 LINCOLN CLOSE sales between April 1996 and November 2012 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 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2012 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
25 LINCOLN CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 25 LINCOLN CLOSE lies on this distribution: 29% of detached houses are smaller than 25 LINCOLN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Grantham.
25 LINCOLN CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 25 LINCOLN 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 LINCOLN 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 LINCOLN CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 25 on LINCOLN CLOSE.