7, SYMPSON CLOSE, LINCOLN, LN2 4UY - £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

7 SYMPSON CLOSE is a large extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £295,000 in January 2021, which was around 14% above the average January 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.

7 SYMPSON CLOSE Sold Prices

Land registry data shows four sales for 7 SYMPSON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 7 SYMPSON 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
2021 11 JAN	£295,000	£259,840	14% above HPI
2015 23 OCT	£240,000	£209,684	14% above HPI
2004 10 JUN	£194,950	£169,751	15% above HPI
1999 26 NOV	£95,000	£70,544	35% above HPI

7 SYMPSON 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 four 7 SYMPSON CLOSE sales between November 1999 and January 2021 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 2015 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2021 sale, which was also at 14% above the HPI.

How Large is 7 SYMPSON CLOSE?

7 SYMPSON CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 40% 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 SYMPSON CLOSE lies on this distribution: 65% of detached houses are smaller than 7 SYMPSON CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

7 SYMPSON CLOSE: Plot and Title Map

7 SYMPSON CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 7 SYMPSON 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 SYMPSON 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 SYMPSON CLOSE?

7 SYMPSON CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 7 on SYMPSON CLOSE.