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 BROOKLANDS CLOSE is a large extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £157,500 in December 2005, which was around 11% below the average December 2005 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 BROOKLANDS CLOSE since 1st 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 3 BROOKLANDS 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 |
---|---|---|---|
2005 22 DEC | £157,500 | £177,641 | 11% below HPI |
2001 5 SEP | £88,500 | £90,890 | 3% below HPI |
1999 19 JUL | £68,750 | £70,833 | 3% below HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 3 BROOKLANDS CLOSE sales between July 1999 and December 2005 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 September 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2005 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
3 BROOKLANDS CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the largest 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 3 BROOKLANDS CLOSE lies on this distribution: 63% of detached houses are smaller than 3 BROOKLANDS CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
3 BROOKLANDS CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 3 BROOKLANDS 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 BROOKLANDS 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.
3 BROOKLANDS CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 3 on BROOKLANDS CLOSE.