3, MARLBOROUGH CLOSE, LINCOLN, LN2 4TU - £262,000

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 MARLBOROUGH CLOSE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £262,000 in October 2022, which was around 14% below the average October 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 MARLBOROUGH CLOSE Sold Prices

Land registry data shows three sales for 3 MARLBOROUGH 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 3 MARLBOROUGH 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
2022 3 OCT	£262,000	£306,120	14% below HPI
2017 24 NOV	£170,000	£232,275	27% below HPI
1995 6 NOV	£57,000	£62,882	9% below HPI

3 MARLBOROUGH 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 3 MARLBOROUGH CLOSE sales between November 1995 and October 2022 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 November 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 MARLBOROUGH CLOSE?

3 MARLBOROUGH CLOSE is 71m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% 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 MARLBOROUGH CLOSE lies on this distribution: 15% of detached houses are smaller than 3 MARLBOROUGH CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 MARLBOROUGH CLOSE: Plot and Title Map

3 MARLBOROUGH CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 3 MARLBOROUGH 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 MARLBOROUGH 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 MARLBOROUGH CLOSE?

3 MARLBOROUGH CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 3 on MARLBOROUGH CLOSE.