1, FALCON CLOSE, EAGLE, LINCOLN, LN6 9DX - £123,000

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.

1 FALCON CLOSE is a very small detached house of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £194,183. It was last sold for £123,000 in May 2014, which was around 36% below the average May 2014 detached price in the North Kesteven 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.

1 FALCON CLOSE Sold Prices

Land registry data shows three sales for 1 FALCON 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 1 FALCON 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
2014 23 MAY	£123,000	£192,390	36% below HPI
2009 15 APR	£105,000	£164,788	36% below HPI
2001 6 APR	£47,000	£79,809	41% below HPI

1 FALCON 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 1 FALCON CLOSE sales between April 2001 and May 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 April 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2014 sale, which was also at 36% below the HPI.

What might 1 FALCON CLOSE be worth now?

1 FALCON CLOSE might now be worth an estimated £194,183.

This is based on house price inflation of 57.9%, between May 2014 and June 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.9% inflationary increase is applied to the most recent sale price for 1 FALCON CLOSE of £123,000 on 23rd May 2014. For the value to have increased from £123,000 to £194,183 over the ten years and eleven months to June 2025, the following assumptions must hold true:

• The value of 1 FALCON CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2014 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FALCON CLOSE has not materially changed since May 2014.

How Large is 1 FALCON CLOSE?

1 FALCON CLOSE is 56m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of detached houses houses in Eagle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eagle, and where 1 FALCON CLOSE lies on this distribution: 10% of detached houses houses are smaller than 1 FALCON CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Eagle.

1 FALCON CLOSE: Plot and Title Map

1 FALCON CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 1 FALCON 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 FALCON 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 FALCON CLOSE?

1 FALCON CLOSE is located in EAGLE, in the LN6 postcode district. The below map shows the position of No. 1 on FALCON CLOSE.