34, OLD POND CLOSE, LINCOLN, LN6 0LD - £170,000

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 OLD POND CLOSE is a small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £170,000 in February 2017, which was around 23% below the average February 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

34 OLD POND CLOSE Sold Prices

Land registry data shows two sales for 34 OLD POND 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 Lincoln local authority area for the corresponding sale date. Both of the two 34 OLD POND 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
2017 7 FEB	£170,000	£221,405	23% below HPI
2011 30 JUN	£120,000	£177,085	32% below HPI

34 OLD POND 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 two 34 OLD POND CLOSE sales from June 2011 and February 2017 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 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 34 OLD POND CLOSE?

34 OLD POND CLOSE is 80m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 34 OLD POND CLOSE lies on this distribution: 26% of detached houses are smaller than 34 OLD POND CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

34 OLD POND CLOSE: Plot and Title Map

34 OLD POND CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 34 OLD POND 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 OLD POND 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 OLD POND CLOSE?

34 OLD POND CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 34 on OLD POND CLOSE.