44, SOMME CLOSE, LINCOLN, LN1 3WA - £210,000

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

44 SOMME CLOSE is a small extended detached house of 89m², built sometime between 2003 and 2006. It was last sold for £210,000 in March 2020, which was around 16% below the average March 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

44 SOMME CLOSE Sold Prices

Land registry data shows three sales for 44 SOMME CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 44 SOMME 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
2020 5 MAR	£210,000	£250,161	16% below HPI
2006 8 MAY	£164,950	£179,618	8% below HPI
2005 29 JUL	£160,000	£175,281	9% below HPI

44 SOMME 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 three 44 SOMME CLOSE sales between July 2005 and March 2020 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 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 44 SOMME CLOSE?

44 SOMME CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 44 SOMME CLOSE lies on this distribution: 37% of detached houses are smaller than 44 SOMME CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

44 SOMME CLOSE: Plot and Title Map

44 SOMME CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 44 SOMME 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 44 SOMME 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 44 SOMME CLOSE?

44 SOMME CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 44 on SOMME CLOSE.