Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 WASHINGTON CLOSE is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £160,000 in November 2021, which was around 38% below the average November 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 3 WASHINGTON CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 3 WASHINGTON 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 |
---|---|---|---|
2021 30 NOV | £160,000 | £257,326 | 38% below HPI |
2019 11 DEC | £120,000 | £222,986 | 46% below HPI |
2002 23 AUG | £65,000 | £105,490 | 38% below HPI |
2000 18 JAN | £41,000 | £72,598 | 44% below HPI |
1996 22 OCT | £32,000 | £57,578 | 44% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The five 3 WASHINGTON CLOSE sales between October 1996 and November 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 December 2019 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
3 WASHINGTON CLOSE is 63m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Coningsby, based on EPC data. The below chart shows the distribution of detached houses by size in Coningsby, and where 3 WASHINGTON CLOSE lies on this distribution: 5% of detached houses are smaller than 3 WASHINGTON CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Coningsby.
3 WASHINGTON CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 3 WASHINGTON 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 WASHINGTON 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 WASHINGTON CLOSE is located in CONINGSBY, in the LN4 postcode district. The below map shows the position of No. 3 on WASHINGTON CLOSE.