5, SHEARWATER CLOSE, LINCOLN, LN6 0XU - £295,000

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 SHEARWATER CLOSE is a very large detached house of 159m², built sometime between 1983 and 1990. It was last sold for £295,000 in February 2020, which was around 20% above the average February 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

5 SHEARWATER CLOSE Sold Prices

Land registry data shows three sales for 5 SHEARWATER 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 5 SHEARWATER 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 5 FEB	£295,000	£246,634	20% above HPI
2010 29 OCT	£265,000	£172,287	54% above HPI
1999 22 OCT	£112,500	£71,070	58% above HPI

5 SHEARWATER 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 5 SHEARWATER CLOSE sales between October 1999 and February 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 October 2010 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2020 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 5 SHEARWATER CLOSE?

5 SHEARWATER CLOSE is 159m² according to the EPC inspection conducted in January 2020. 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 5 SHEARWATER CLOSE lies on this distribution: 89% of detached houses are smaller than 5 SHEARWATER CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 SHEARWATER CLOSE: Plot and Title Map

5 SHEARWATER CLOSE sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 5 SHEARWATER 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 SHEARWATER 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 SHEARWATER CLOSE?

5 SHEARWATER CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 5 on SHEARWATER CLOSE.