26, STRAHANE CLOSE, LINCOLN, LN5 8TL - £175,000

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

26 STRAHANE CLOSE is a small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £175,000 in August 2016, which was around 22% below the average August 2016 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

26 STRAHANE CLOSE Sold Prices

Land registry data shows three sales for 26 STRAHANE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 26 STRAHANE 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
2016 10 AUG	£175,000	£223,048	22% below HPI
2002 8 MAR	£79,000	£98,465	20% below HPI
2000 23 JUN	£61,000	£76,469	20% below HPI

26 STRAHANE 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 three 26 STRAHANE CLOSE sales between June 2000 and August 2016 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 March 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 26 STRAHANE CLOSE?

26 STRAHANE CLOSE is 85m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 26 STRAHANE CLOSE lies on this distribution: 31% of detached houses are smaller than 26 STRAHANE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

26 STRAHANE CLOSE: Plot and Title Map

26 STRAHANE CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 26 STRAHANE 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 26 STRAHANE 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 26 STRAHANE CLOSE?

26 STRAHANE CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 26 on STRAHANE CLOSE.