32, HOME FARM CLOSE, LAUGHTERTON, LINCOLN, LN1 2BD - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 HOME FARM CLOSE is a midsized detached house of 121m², built sometime between 2003 and 2006, which could now be worth an estimated £383,498. It was last sold for £380,000 in July 2022, which was around 32% above the average July 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

32 HOME FARM CLOSE Sold Prices

Land registry data shows two sales for 32 HOME FARM 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 West Lindsey local authority area for the corresponding sale date. Both of the two 32 HOME FARM 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
2022 4 JUL	£380,000	£288,459	32% above HPI
2005 7 APR	£175,000	£169,283	3% above HPI

32 HOME FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 32 HOME FARM CLOSE sales from April 2005 and July 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 April 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2022 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 32 HOME FARM CLOSE be worth now?

32 HOME FARM CLOSE might now be worth an estimated £383,498.

This is based on house price inflation of 0.9%, between July 2022 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.9% inflationary increase is applied to the most recent sale price for 32 HOME FARM CLOSE of £380,000 on 4th July 2022. For the value to have increased from £380,000 to £383,498 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 32 HOME FARM CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 32 HOME FARM CLOSE has not materially changed since July 2022.

How Large is 32 HOME FARM CLOSE?

32 HOME FARM CLOSE is 121m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 50% of detached houses houses in Laughterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Laughterton, and where 32 HOME FARM CLOSE lies on this distribution: 45% of detached houses houses are smaller than 32 HOME FARM CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Laughterton.

32 HOME FARM CLOSE: Plot and Title Map

32 HOME FARM CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 32 HOME FARM 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 32 HOME FARM 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 32 HOME FARM CLOSE?

32 HOME FARM CLOSE is located in LAUGHTERTON, in the LN1 postcode district. The below map shows the position of No. 32 on HOME FARM CLOSE.