4, MIDIA CLOSE, LINCOLN, LN1 1AR - £243,000

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 MIDIA CLOSE is a large extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £243,000 in September 2017, which was around 4% above the average September 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was B.

4 MIDIA CLOSE Sold Prices

Land registry data shows two sales for 4 MIDIA 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 MIDIA 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
2017 8 SEP	£243,000	£233,789	4% above HPI
2004 25 JUN	£183,995	£169,751	8% above HPI

4 MIDIA 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 MIDIA CLOSE sales from June 2004 and September 2017 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 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2017 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 4 MIDIA CLOSE?

4 MIDIA CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 MIDIA CLOSE lies on this distribution: 63% of detached houses are smaller than 4 MIDIA CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 MIDIA CLOSE: Plot and Title Map

4 MIDIA CLOSE sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 4 MIDIA 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 MIDIA 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 MIDIA CLOSE?

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