41, NEILE CLOSE, LINCOLN, LN2 4RT - £154,000

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

41 NEILE CLOSE is a midsized extended detached house of 101m², built sometime between 1976 and 1982. It was last sold for £154,000 in September 2010, which was around 10% below the average September 2010 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was C.

41 NEILE CLOSE Sold Prices

Land registry data shows two sales for 41 NEILE 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 41 NEILE 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
2010 1 SEP	£154,000	£172,047	10% below HPI
1996 1 OCT	£55,000	£63,844	14% below HPI

41 NEILE 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 41 NEILE CLOSE sales from October 1996 and September 2010 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 October 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2010 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 41 NEILE CLOSE?

41 NEILE CLOSE is 101m², which includes two extensions, according to the EPC inspection conducted in January 2010. This puts it in the largest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 41 NEILE CLOSE lies on this distribution: 52% of detached houses are smaller than 41 NEILE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

41 NEILE CLOSE: Plot and Title Map

41 NEILE CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 41 NEILE 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 41 NEILE 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 41 NEILE CLOSE?

41 NEILE CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 41 on NEILE CLOSE.