3, BAINES CLOSE, CONINGSBY, LINCOLN, LN4 4SA - £440,000

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 BAINES CLOSE is a very large detached house of 278m², built sometime between 2003 and 2006. It was last sold for £440,000 in February 2021, which was around 89% above the average February 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

3 BAINES CLOSE Sold Prices

Land registry data shows two sales for 3 BAINES 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 East Lindsey local authority area for the corresponding sale date. Both of the two 3 BAINES 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
2021 18 FEB	£440,000	£232,837	89% above HPI
2006 24 JUL	£286,000	£180,885	58% above HPI

3 BAINES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 3 BAINES CLOSE sales from July 2006 and February 2021 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 2006 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the February 2021 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is 3 BAINES CLOSE?

3 BAINES CLOSE is 278m² according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Coningsby, based on EPC data. The below chart shows the distribution of detached houses by size in Coningsby, and where 3 BAINES CLOSE lies on this distribution: 99% of detached houses are smaller than 3 BAINES CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Coningsby.

3 BAINES CLOSE: Plot and Title Map

3 BAINES CLOSE sits on a plot of roughly 0.301 of an acre, or 1,218m². The below map shows the location of 3 BAINES 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 BAINES 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 BAINES CLOSE?

3 BAINES CLOSE is located in CONINGSBY, in the LN4 postcode district. The below map shows the position of No. 3 on BAINES CLOSE.