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
31 DUNMORE CLOSE is a very small detached house of 61m², built sometime between 1983 and 1990. It was last sold for £215,000 in June 2022, which was around 26% below the average June 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 31 DUNMORE CLOSE since 1st 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 31 DUNMORE 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 10 JUN | £215,000 | £291,808 | 26% below HPI |
2004 2 JUN | £120,000 | £169,751 | 29% below HPI |
2001 18 MAY | £58,000 | £84,264 | 31% below HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 31 DUNMORE CLOSE sales between May 2001 and June 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 June 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
31 DUNMORE CLOSE is 61m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 31 DUNMORE CLOSE lies on this distribution: 6% of detached houses are smaller than 31 DUNMORE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
31 DUNMORE CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 31 DUNMORE 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 31 DUNMORE 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.
31 DUNMORE CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 31 on DUNMORE CLOSE.