7, FROME CLOSE, LINCOLN, LN6 3DA - £267,500

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

7 FROME CLOSE is a large detached house of 122m², built sometime between 1991 and 1995. It was last sold for £267,500 in January 2015, which was around 32% above the average January 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

7 FROME CLOSE Sold Prices

Land registry data shows three sales for 7 FROME 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 7 FROME 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
2015 7 JAN	£267,500	£203,179	32% above HPI
2006 16 AUG	£249,950	£180,136	39% above HPI
1998 31 JUL	£112,000	£67,807	65% above HPI

7 FROME 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 7 FROME CLOSE sales between July 1998 and January 2015 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 2006 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2015 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 7 FROME CLOSE?

7 FROME CLOSE is 122m² according to the EPC inspection conducted in July 2016. This puts it in the largest 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 FROME CLOSE lies on this distribution: 71% of detached houses are smaller than 7 FROME CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

7 FROME CLOSE: Plot and Title Map

7 FROME CLOSE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 7 FROME 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 FROME 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 7 FROME CLOSE?

7 FROME CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 7 on FROME CLOSE.