3, THONOCK CLOSE, LINCOLN, LN1 3SW - £275,000

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 THONOCK CLOSE is a small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £275,000 in October 2021, which was around 5% below the average October 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

3 THONOCK CLOSE Sold Prices

Land registry data shows two sales for 3 THONOCK 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. One of the two 3 THONOCK CLOSE sales was for below the average price, whilst the other was 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 26 OCT	£275,000	£288,020	5% below HPI
1997 9 JUL	£67,650	£65,515	3% above HPI

3 THONOCK 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 THONOCK CLOSE sales from July 1997 and October 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 1997 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 THONOCK CLOSE?

3 THONOCK CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 THONOCK CLOSE lies on this distribution: 25% of detached houses are smaller than 3 THONOCK CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 THONOCK CLOSE: Plot and Title Map

3 THONOCK CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 3 THONOCK 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 THONOCK 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 THONOCK CLOSE?

3 THONOCK CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 3 on THONOCK CLOSE.