41, SHIRE CLOSE, BILLINGHAY, LINCOLN, LN4 4GR - £195,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

41 SHIRE CLOSE is a small detached house of 92m², built sometime between 2003 and 2006. It was last sold for £195,000 in February 2019, which was around 23% below the average February 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

41 SHIRE CLOSE Sold Prices

Land registry data shows two sales for 41 SHIRE 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 North Kesteven local authority area for the corresponding sale date. Both of the two 41 SHIRE 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 28 FEB	£195,000	£254,803	23% below HPI
2005 20 MAY	£175,000	£178,881	2% below HPI

41 SHIRE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 41 SHIRE CLOSE sales from May 2005 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 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 41 SHIRE CLOSE?

41 SHIRE CLOSE is 92m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 41 SHIRE CLOSE lies on this distribution: 29% of detached houses are smaller than 41 SHIRE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

41 SHIRE CLOSE: Plot and Title Map

41 SHIRE CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 41 SHIRE 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 SHIRE 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 SHIRE CLOSE?

41 SHIRE CLOSE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 41 on SHIRE CLOSE.