42, ALBION CLOSE, LINCOLN, LN1 1ED - £377,000

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

42 ALBION CLOSE is a very large detached house of 141m². It was last sold for £377,000 in August 2018, which was around 58% above the average August 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2015, where the current energy rating was A, and the potential energy rating was A.

42 ALBION CLOSE Sold Prices

Land registry data shows two sales for 42 ALBION 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 42 ALBION 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
2018 31 AUG	£377,000	£239,194	58% above HPI
2015 29 JAN	£380,000	£203,179	87% above HPI

42 ALBION 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 42 ALBION CLOSE sales from January 2015 and August 2018 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 January 2015 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the August 2018 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 42 ALBION CLOSE?

42 ALBION CLOSE is 141m² according to the EPC inspection conducted in January 2015. This puts it in the largest 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 42 ALBION CLOSE lies on this distribution: 82% of detached houses are smaller than 42 ALBION CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

42 ALBION CLOSE: Plot and Title Map

42 ALBION CLOSE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 42 ALBION 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 42 ALBION 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 42 ALBION CLOSE?

42 ALBION CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 42 on ALBION CLOSE.