4, ASPEN CLOSE, LAUGHTERTON, LINCOLN, LN1 2LQ - £343,000

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

4 ASPEN CLOSE is a large extended detached house of 149m², built sometime between 1967 and 1975. It was last sold for £343,000 in April 2021, which was around 36% above the average April 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

4 ASPEN CLOSE Sold Prices

Land registry data shows four sales for 4 ASPEN 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 West Lindsey local authority area for the corresponding sale date. All of the four 4 ASPEN 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
2021 7 APR	£343,000	£252,116	36% above HPI
2016 11 NOV	£280,000	£205,472	36% above HPI
2007 19 JUN	£270,000	£185,874	45% above HPI
2003 5 FEB	£173,000	£128,472	35% above HPI

4 ASPEN 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 four 4 ASPEN CLOSE sales between February 2003 and April 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 November 2016 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the April 2021 sale, which was also at 36% above the HPI.

How Large is 4 ASPEN CLOSE?

4 ASPEN CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses in Laughterton, based on EPC data. The below chart shows the distribution of detached houses by size in Laughterton, and where 4 ASPEN CLOSE lies on this distribution: 70% of detached houses are smaller than 4 ASPEN CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Laughterton.

4 ASPEN CLOSE: Plot and Title Map

4 ASPEN CLOSE sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of 4 ASPEN 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 4 ASPEN 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 4 ASPEN CLOSE?

4 ASPEN CLOSE is located in LAUGHTERTON, in the LN1 postcode district. The below map shows the position of No. 4 on ASPEN CLOSE.