1, LUCAN CLOSE, SIBSEY, BOSTON, PE22 0SH - £151,000

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 LUCAN CLOSE is a very small detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £255,006. It was last sold for £151,000 in September 2013, which was around 11% below the average September 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

1 LUCAN CLOSE Sold Prices

Land registry data shows three sales for 1 LUCAN 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 East Lindsey local authority area for the corresponding sale date. Two of the three 1 LUCAN CLOSE sales were for below the average price, whilst one was 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
2013 27 SEP	£151,000	£169,502	11% below HPI
2013 10 APR	£102,000	£170,100	40% below HPI
1996 29 MAR	£65,000	£52,759	23% above HPI

1 LUCAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 1 LUCAN CLOSE sales between March 1996 and September 2013 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 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 LUCAN CLOSE be worth now?

1 LUCAN CLOSE might now be worth an estimated £255,006.

This is based on house price inflation of 68.9%, between September 2013 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.9% inflationary increase is applied to the most recent sale price for 1 LUCAN CLOSE of £151,000 on 27th September 2013. For the value to have increased from £151,000 to £255,006 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 LUCAN CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2013 sale price of £151,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LUCAN CLOSE has not materially changed since September 2013.

How Large is 1 LUCAN CLOSE?

1 LUCAN CLOSE is 84m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sibsey, and where 1 LUCAN CLOSE lies on this distribution: 15% of detached houses houses are smaller than 1 LUCAN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

1 LUCAN CLOSE: Plot and Title Map

1 LUCAN CLOSE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 1 LUCAN 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 LUCAN 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 LUCAN CLOSE?

1 LUCAN CLOSE is located in SIBSEY, in the PE22 postcode district. The below map shows the position of No. 1 on LUCAN CLOSE.