5, WESTHOLM CLOSE, LINCOLN, LN2 4TS - £255,000

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 WESTHOLM CLOSE is a small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £255,000 in April 2023, which was around 17% below the average April 2023 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

5 WESTHOLM CLOSE Sold Prices

Land registry data shows two sales for 5 WESTHOLM 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 5 WESTHOLM 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
2023 14 APR	£255,000	£305,765	17% below HPI
2010 30 SEP	£165,000	£172,047	4% below HPI

5 WESTHOLM 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 5 WESTHOLM CLOSE sales from September 2010 and April 2023 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 September 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 WESTHOLM CLOSE?

5 WESTHOLM CLOSE is 80m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% 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 WESTHOLM CLOSE lies on this distribution: 25% of detached houses are smaller than 5 WESTHOLM CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 WESTHOLM CLOSE: Plot and Title Map

5 WESTHOLM CLOSE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 5 WESTHOLM 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 WESTHOLM 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 WESTHOLM CLOSE?

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