5, LANCASTER CLOSE, STICKNEY, BOSTON, PE22 8BB - £195,000

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

5 LANCASTER CLOSE is a large extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £195,000 in July 2011, which was around 16% above the average July 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

5 LANCASTER CLOSE Sold Prices

Land registry data shows two sales for 5 LANCASTER 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 East Lindsey local authority area for the corresponding sale date. One of the two 5 LANCASTER CLOSE sales was for above the average price, whilst the other was 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
2011 28 JUL	£195,000	£168,467	16% above HPI
2002 3 MAY	£76,500	£98,349	22% below HPI

5 LANCASTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 5 LANCASTER CLOSE sales from May 2002 and July 2011 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 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2011 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 5 LANCASTER CLOSE?

5 LANCASTER CLOSE is 126m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses in Stickney, based on EPC data. The below chart shows the distribution of detached houses by size in Stickney, and where 5 LANCASTER CLOSE lies on this distribution: 70% of detached houses are smaller than 5 LANCASTER CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Stickney.

5 LANCASTER CLOSE: Plot and Title Map

5 LANCASTER CLOSE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 5 LANCASTER 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 5 LANCASTER 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 5 LANCASTER CLOSE?

5 LANCASTER CLOSE is located in STICKNEY, in the PE22 postcode district. The below map shows the position of No. 5 on LANCASTER CLOSE.