8, SHEARWATER CLOSE, LINCOLN, LN6 0XU - £300,000

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 SHEARWATER CLOSE is a very large extended detached house of 176m², built sometime between 1967 and 1975. It was last sold for £300,000 in October 2014, which was around 47% above the average October 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

8 SHEARWATER CLOSE Sold Prices

Land registry data shows three sales for 8 SHEARWATER 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. All of the three 8 SHEARWATER CLOSE sales were for above 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
2014 29 OCT	£300,000	£203,738	47% above HPI
2009 27 FEB	£240,000	£167,658	43% above HPI
1998 20 MAY	£126,500	£65,683	93% above HPI

8 SHEARWATER 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 8 SHEARWATER CLOSE sales between May 1998 and October 2014 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 2009 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2014 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 8 SHEARWATER CLOSE?

8 SHEARWATER CLOSE is 176m², which includes two extensions, according to the EPC inspection conducted in February 2009. This puts it in the largest 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 SHEARWATER CLOSE lies on this distribution: 93% of detached houses are smaller than 8 SHEARWATER CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 SHEARWATER CLOSE: Plot and Title Map

8 SHEARWATER CLOSE sits on a plot of roughly 0.243 of an acre, or 984m². The below map shows the location of 8 SHEARWATER 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 SHEARWATER 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 SHEARWATER CLOSE?

8 SHEARWATER CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 8 on SHEARWATER CLOSE.