32, STRAHANE CLOSE, LINCOLN, LN5 8TL - £208,500

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

32 STRAHANE CLOSE is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £208,500 in December 2019, which was around 15% below the average December 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

32 STRAHANE CLOSE Sold Prices

Land registry data shows four sales for 32 STRAHANE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 32 STRAHANE 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
2019 13 DEC	£208,500	£244,092	15% below HPI
2007 13 JUL	£147,000	£194,651	24% below HPI
2005 26 AUG	£134,000	£178,243	25% below HPI
2001 20 APR	£57,500	£82,722	30% below HPI

32 STRAHANE 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 four 32 STRAHANE CLOSE sales between April 2001 and December 2019 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 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 32 STRAHANE CLOSE?

32 STRAHANE CLOSE is 74m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 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 32 STRAHANE CLOSE lies on this distribution: 18% of detached houses are smaller than 32 STRAHANE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

32 STRAHANE CLOSE: Plot and Title Map

32 STRAHANE CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 32 STRAHANE 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 STRAHANE 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 STRAHANE CLOSE?

32 STRAHANE CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 32 on STRAHANE CLOSE.