4, CARPENTERS CLOSE, REEPHAM, LINCOLN, LN3 4DD - £350,000

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 CARPENTERS CLOSE is a midsized extended detached house of 146m², built sometime between 2003 and 2006. It was last sold for £350,000 in August 2014, which was around 91% above the average August 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

4 CARPENTERS CLOSE Sold Prices

Land registry data shows two sales for 4 CARPENTERS 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 West Lindsey local authority area for the corresponding sale date. Both of the two 4 CARPENTERS 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
2014 12 AUG	£350,000	£182,973	91% above HPI
2006 16 JUN	£276,000	£173,252	59% above HPI

4 CARPENTERS 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 two 4 CARPENTERS CLOSE sales from June 2006 and August 2014 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 2006 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the August 2014 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is 4 CARPENTERS CLOSE?

4 CARPENTERS CLOSE is 146m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 4 CARPENTERS CLOSE lies on this distribution: 58% of detached houses are smaller than 4 CARPENTERS CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Reepham.

4 CARPENTERS CLOSE: Plot and Title Map

4 CARPENTERS CLOSE sits on a plot of roughly 0.277 of an acre, or 1,122m². The below map shows the location of 4 CARPENTERS 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 CARPENTERS 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 CARPENTERS CLOSE?

4 CARPENTERS CLOSE is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 4 on CARPENTERS CLOSE.