8, LILFORD CLOSE, LINCOLN, LN2 4TG - £195,000

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

8 LILFORD CLOSE is a large extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £195,000 in July 2017, which was around 14% below the average July 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

8 LILFORD CLOSE Sold Prices

Land registry data shows four sales for 8 LILFORD 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 8 LILFORD 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
2017 24 JUL	£195,000	£226,566	14% below HPI
2002 5 APR	£79,000	£100,913	22% below HPI
1998 30 JUN	£47,000	£67,336	30% below HPI
1998 31 MAR	£47,996	£64,353	25% below HPI

8 LILFORD 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 8 LILFORD CLOSE sales between March 1998 and July 2017 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 April 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 LILFORD CLOSE?

8 LILFORD CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in April 2016. 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 8 LILFORD CLOSE lies on this distribution: 62% of detached houses are smaller than 8 LILFORD CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 LILFORD CLOSE: Plot and Title Map

8 LILFORD CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 8 LILFORD 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 LILFORD 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 LILFORD CLOSE?

8 LILFORD CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 8 on LILFORD CLOSE.