7, THISTLE CLOSE, LINCOLN, LN2 4TE - £275,000

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 THISTLE CLOSE is a large extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £275,000 in December 2020, which was around 5% above the average December 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

7 THISTLE CLOSE Sold Prices

Land registry data shows three sales for 7 THISTLE 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. Two of the three 7 THISTLE CLOSE sales were for above the average price, whilst one was 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
2020 10 DEC	£275,000	£261,565	5% above HPI
2009 18 DEC	£186,000	£173,386	7% above HPI
2002 17 APR	£90,450	£100,913	10% below HPI

7 THISTLE 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 THISTLE CLOSE sales between April 2002 and December 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 December 2009 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 7 THISTLE CLOSE?

7 THISTLE CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in October 2020. 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 THISTLE CLOSE lies on this distribution: 69% of detached houses are smaller than 7 THISTLE CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

7 THISTLE CLOSE: Plot and Title Map

7 THISTLE CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 7 THISTLE 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 THISTLE 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 THISTLE CLOSE?

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