5, PARK CLOSE, SUDBROOKE, LINCOLN, LN2 2RE - £320,000

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

5 PARK CLOSE is a large extended detached house of 159m², built sometime between 1983 and 1990. It was last sold for £320,000 in October 2020, which was around 37% above the average October 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

5 PARK CLOSE Sold Prices

Land registry data shows three sales for 5 PARK 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 West Lindsey local authority area for the corresponding sale date. All of the three 5 PARK 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
2020 30 OCT	£320,000	£233,330	37% above HPI
2016 15 AUG	£275,000	£202,460	36% above HPI
2009 26 MAY	£206,500	£172,751	20% above HPI

5 PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 5 PARK CLOSE sales between May 2009 and October 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 August 2016 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2020 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 5 PARK CLOSE?

5 PARK CLOSE is 159m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Sudbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbrooke, and where 5 PARK CLOSE lies on this distribution: 71% of detached houses are smaller than 5 PARK CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Sudbrooke.

5 PARK CLOSE: Plot and Title Map

5 PARK CLOSE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 5 PARK 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 PARK 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 PARK CLOSE?

5 PARK CLOSE is located in SUDBROOKE, in the LN2 postcode district. The below map shows the position of No. 5 on PARK CLOSE.