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
7 CHIPPENDALE CLOSE is a small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £230,000 in July 2017, which was around 2% above the average July 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 CHIPPENDALE CLOSE since 1st 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. One of the three 7 CHIPPENDALE CLOSE sales was for above the average price, whilst two 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 |
---|---|---|---|
2017 21 JUL | £230,000 | £226,566 | 2% above HPI |
2014 12 NOV | £165,000 | £203,895 | 19% below HPI |
1995 27 FEB | £52,000 | £60,493 | 14% below HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 7 CHIPPENDALE CLOSE sales between February 1995 and July 2017 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 November 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2017 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
7 CHIPPENDALE CLOSE is 76m² according to the EPC inspection conducted in August 2014. 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 7 CHIPPENDALE CLOSE lies on this distribution: 20% of detached houses are smaller than 7 CHIPPENDALE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
7 CHIPPENDALE CLOSE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 7 CHIPPENDALE 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 7 CHIPPENDALE 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.
7 CHIPPENDALE CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 7 on CHIPPENDALE CLOSE.