8, OUNDLE CLOSE, WASHINGBOROUGH, LINCOLN, LN4 1DR - £273,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 OUNDLE CLOSE is a large extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £273,000 in January 2024, which was around 10% below the average January 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

8 OUNDLE CLOSE Sold Prices

Land registry data shows three sales for 8 OUNDLE 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 North Kesteven local authority area for the corresponding sale date. All of the three 8 OUNDLE 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
2024 5 JAN	£273,000	£304,393	10% below HPI
2010 23 AUG	£165,000	£183,842	10% below HPI
2007 23 FEB	£168,000	£190,020	12% below HPI

8 OUNDLE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 8 OUNDLE CLOSE sales between February 2007 and January 2024 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 August 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2024 sale, which was also at 10% below the HPI.

How Large is 8 OUNDLE CLOSE?

8 OUNDLE CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 40% of detached houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Washingborough, and where 8 OUNDLE CLOSE lies on this distribution: 65% of detached houses are smaller than 8 OUNDLE CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

8 OUNDLE CLOSE: Plot and Title Map

8 OUNDLE CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 8 OUNDLE 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 OUNDLE 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 OUNDLE CLOSE?

8 OUNDLE CLOSE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 8 on OUNDLE CLOSE.