38, ACER CLOSE, LINCOLN, LN6 0RD - £210,000

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

38 ACER CLOSE is a small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £210,000 in December 2021, which was around 28% below the average December 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

38 ACER CLOSE Sold Prices

Land registry data shows two sales for 38 ACER 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 38 ACER 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
2021 10 DEC	£210,000	£290,437	28% below HPI
2018 21 FEB	£210,000	£241,319	13% below HPI

38 ACER 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 38 ACER CLOSE sales from February 2018 and December 2021 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 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 38 ACER CLOSE?

38 ACER CLOSE is 78m² according to the EPC inspection conducted in July 2017. 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 38 ACER CLOSE lies on this distribution: 23% of detached houses are smaller than 38 ACER CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

38 ACER CLOSE: Plot and Title Map

38 ACER CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 38 ACER 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 38 ACER 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 38 ACER CLOSE?

38 ACER CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 38 on ACER CLOSE.