4, BUTTERMERE CLOSE, LINCOLN, LN6 0YD - £242,500

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

4 BUTTERMERE CLOSE is a midsized detached house of 109m², built sometime between 1991 and 1995. It was last sold for £242,500 in February 2019, which was around 2% below the average February 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

4 BUTTERMERE CLOSE Sold Prices

Land registry data shows two sales for 4 BUTTERMERE 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 4 BUTTERMERE 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 22 FEB	£242,500	£248,229	2% below HPI
2015 1 MAY	£158,000	£209,506	25% below HPI

4 BUTTERMERE 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 4 BUTTERMERE CLOSE sales from May 2015 and February 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 May 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 4 BUTTERMERE CLOSE?

4 BUTTERMERE CLOSE is 109m² according to the EPC inspection conducted in May 2024. This puts it in the largest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 4 BUTTERMERE CLOSE lies on this distribution: 59% of detached houses are smaller than 4 BUTTERMERE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 BUTTERMERE CLOSE: Plot and Title Map

4 BUTTERMERE CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 4 BUTTERMERE 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 BUTTERMERE 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 BUTTERMERE CLOSE?

4 BUTTERMERE CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 4 on BUTTERMERE CLOSE.