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 HORNER CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £125,000 in November 2012, which was around 31% below the average November 2012 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 4 HORNER CLOSE since 1st 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 HORNER 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 |
---|---|---|---|
2012 16 NOV | £125,000 | £180,006 | 31% below HPI |
2006 15 NOV | £137,500 | £185,647 | 26% below HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 4 HORNER CLOSE sales from November 2006 and November 2012 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 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
4 HORNER CLOSE is 66m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% 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 HORNER CLOSE lies on this distribution: 10% of detached houses are smaller than 4 HORNER CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
4 HORNER CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 4 HORNER 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 HORNER 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.
4 HORNER CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 4 on HORNER CLOSE.