3, LIME TREE CLOSE, LINCOLN, LN6 0RT - £50,500

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 LIME TREE CLOSE is a small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £50,500 in November 2000, which was around 37% below the average November 2000 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

3 LIME TREE CLOSE Sold Prices

Land registry data shows two sales for 3 LIME TREE 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 Lincoln local authority area for the corresponding sale date. Both of the two 3 LIME TREE 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
2000 24 NOV	£50,500	£80,339	37% below HPI
1997 27 MAR	£50,950	£64,086	20% below HPI

3 LIME TREE 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 two 3 LIME TREE CLOSE sales from March 1997 and November 2000 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 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2000 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 LIME TREE CLOSE?

3 LIME TREE CLOSE is 77m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% 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 LIME TREE CLOSE lies on this distribution: 22% of detached houses are smaller than 3 LIME TREE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 LIME TREE CLOSE: Plot and Title Map

3 LIME TREE CLOSE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 3 LIME TREE 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 LIME TREE 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 LIME TREE CLOSE?

3 LIME TREE CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 3 on LIME TREE CLOSE.