12, CARN CLOSE, LINCOLN, LN5 9AX - £157,000

12 CARN CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £157,000 in March 2017, which was around 30% below the average March 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

12 CARN CLOSE Sold Prices

Land registry data shows two sales for 12 CARN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 12 CARN 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
2017 3 MAR	£157,000	£223,768	30% below HPI
1997 12 SEP	£53,000	£65,947	20% below HPI

12 CARN 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 two 12 CARN CLOSE sales from September 1997 and March 2017 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 September 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 12 CARN CLOSE?

12 CARN CLOSE is 74m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 12 CARN CLOSE lies on this distribution: 19% of detached houses are smaller than 12 CARN CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

12 CARN CLOSE: Plot and Title Map

12 CARN CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 12 CARN 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 12 CARN 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 12 CARN CLOSE?

12 CARN CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 12 on CARN CLOSE.