3, SYMPSON CLOSE, LINCOLN, LN2 4UY - £240,000

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 SYMPSON CLOSE is a very large detached house of 137m², built sometime between 1996 and 2002. It was last sold for £240,000 in November 2014, which was around 18% above the average November 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

3 SYMPSON CLOSE Sold Prices

Land registry data shows two sales for 3 SYMPSON 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 SYMPSON 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
2014 28 NOV	£240,000	£203,895	18% above HPI
2006 27 FEB	£225,000	£172,904	30% above HPI

3 SYMPSON 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 SYMPSON CLOSE sales from February 2006 and November 2014 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 February 2006 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2014 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 3 SYMPSON CLOSE?

3 SYMPSON CLOSE is 137m² according to the EPC inspection conducted in February 2009. This puts it in the largest 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 SYMPSON CLOSE lies on this distribution: 80% of detached houses are smaller than 3 SYMPSON CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 SYMPSON CLOSE: Plot and Title Map

3 SYMPSON CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 3 SYMPSON 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 SYMPSON 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 SYMPSON CLOSE?

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