8, LAING CLOSE, BARDNEY, LINCOLN, LN3 5XS - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 LAING CLOSE is a small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £295,449. It was last sold for £280,000 in June 2023, which was around 1% above the average June 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

8 LAING CLOSE Sold Prices

Land registry data shows three sales for 8 LAING 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 West Lindsey local authority area for the corresponding sale date. One of the three 8 LAING 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
2023 2 JUN	£280,000	£275,892	1% above HPI
2021 18 OCT	£171,500	£257,023	33% below HPI
2002 12 SEP	£88,000	£112,098	21% below HPI

8 LAING CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 8 LAING CLOSE sales between September 2002 and June 2023 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 2021 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 LAING CLOSE be worth now?

8 LAING CLOSE might now be worth an estimated £295,449.

This is based on house price inflation of 5.5%, between June 2023 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% inflationary increase is applied to the most recent sale price for 8 LAING CLOSE of £280,000 on 2nd June 2023. For the value to have increased from £280,000 to £295,449 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 8 LAING CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2023 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LAING CLOSE has not materially changed since June 2023.

How Large is 8 LAING CLOSE?

8 LAING CLOSE is 82m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% of detached houses houses in Bardney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bardney, and where 8 LAING CLOSE lies on this distribution: 25% of detached houses houses are smaller than 8 LAING CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bardney.

8 LAING CLOSE: Plot and Title Map

8 LAING CLOSE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 8 LAING 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 LAING 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 8 LAING CLOSE?

8 LAING CLOSE is located in BARDNEY, in the LN3 postcode district. The below map shows the position of No. 8 on LAING CLOSE.