3, ASPEN CLOSE, LAUGHTERTON, LINCOLN, LN1 2LQ - £186,000

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

3 ASPEN CLOSE is a small detached house of 110m², built sometime between 1967 and 1975. It was last sold for £186,000 in October 2013, which was around 4% above the average October 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

3 ASPEN CLOSE Sold Prices

Land registry data shows two sales for 3 ASPEN 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 3 ASPEN 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
2013 2 OCT	£186,000	£178,420	4% above HPI
2004 9 JUL	£184,950	£171,695	8% above HPI

3 ASPEN 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 3 ASPEN CLOSE sales from July 2004 and October 2013 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 July 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2013 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 ASPEN CLOSE?

3 ASPEN CLOSE is 110m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Laughterton, based on EPC data. The below chart shows the distribution of detached houses by size in Laughterton, and where 3 ASPEN CLOSE lies on this distribution: 30% of detached houses are smaller than 3 ASPEN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Laughterton.

3 ASPEN CLOSE: Plot and Title Map

3 ASPEN CLOSE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 3 ASPEN 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 3 ASPEN 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 3 ASPEN CLOSE?

3 ASPEN CLOSE is located in LAUGHTERTON, in the LN1 postcode district. The below map shows the position of No. 3 on ASPEN CLOSE.