34, HOME FARM CLOSE, LAUGHTERTON, LINCOLN, LN1 2BD - £196,000

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

34 HOME FARM CLOSE is a very small extended detached house of 100m², built sometime between 2003 and 2006. It was last sold for £196,000 in March 2016, which was around 1% below the average March 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

34 HOME FARM CLOSE Sold Prices

Land registry data shows three sales for 34 HOME FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 34 HOME FARM 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
2016 17 MAR	£196,000	£197,382	1% below HPI
2014 14 FEB	£157,000	£189,020	17% below HPI
2005 1 APR	£155,000	£166,855	7% below HPI

34 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 three 34 HOME FARM CLOSE sales between April 2005 and March 2016 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 February 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 34 HOME FARM CLOSE?

34 HOME FARM CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses in Laughterton, based on EPC data. The below chart shows the distribution of detached houses by size in Laughterton, and where 34 HOME FARM CLOSE lies on this distribution: 15% of detached houses are smaller than 34 HOME FARM CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Laughterton.

34 HOME FARM CLOSE: Plot and Title Map

34 HOME FARM CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 34 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 34 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 34 HOME FARM CLOSE?

34 HOME FARM CLOSE is located in LAUGHTERTON, in the LN1 postcode district. The below map shows the position of No. 34 on HOME FARM CLOSE.