1, CARPENTERS CLOSE, REEPHAM, LINCOLN, LN3 4DD - £285,000

1 CARPENTERS CLOSE is a small semi-detached house of 113m², built sometime between 2003 and 2006. It was last sold for £285,000 in October 2021, which was around 11% above the average October 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

1 CARPENTERS CLOSE Sold Prices

Land registry data shows four sales for 1 CARPENTERS 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 West Lindsey local authority area for the corresponding sale date. All of the four 1 CARPENTERS 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
2021 15 OCT	£285,000	£257,082	11% above HPI
2021 8 JAN	£262,500	£239,646	10% above HPI
2015 5 JAN	£207,500	£186,093	12% above HPI
2006 5 MAY	£210,000	£175,413	20% above HPI

1 CARPENTERS 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 four 1 CARPENTERS CLOSE sales between May 2006 and October 2021 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 January 2021 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 1 CARPENTERS CLOSE?

1 CARPENTERS CLOSE is 113m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 1 CARPENTERS CLOSE lies on this distribution: 38% of detached houses are smaller than 1 CARPENTERS CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Reepham.

1 CARPENTERS CLOSE: Plot and Title Map

1 CARPENTERS CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 1 CARPENTERS 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 1 CARPENTERS 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 1 CARPENTERS CLOSE?

1 CARPENTERS CLOSE is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 1 on CARPENTERS CLOSE.