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
8 HURSTWOOD CLOSE is a very small detached house of 64m², built sometime between 1991 and 1995. It was last sold for £155,000 in July 2015, which was around 27% below the average July 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 8 HURSTWOOD 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. All of the three 8 HURSTWOOD 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 |
---|---|---|---|
2015 6 JUL | £155,000 | £212,548 | 27% below HPI |
2006 17 FEB | £129,000 | £172,904 | 25% below HPI |
1999 14 DEC | £64,000 | £71,409 | 10% 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 8 HURSTWOOD CLOSE sales between December 1999 and July 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 February 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
8 HURSTWOOD CLOSE is 64m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 8 HURSTWOOD CLOSE lies on this distribution: 8% of detached houses are smaller than 8 HURSTWOOD CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
8 HURSTWOOD CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 8 HURSTWOOD 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 8 HURSTWOOD 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.
8 HURSTWOOD CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 8 on HURSTWOOD CLOSE.