12, CULLEN CLOSE, BILLINGHAY, LINCOLN, LN4 4GU - £180,000

12 CULLEN CLOSE is a very small detached house of 70m². It was last sold for £180,000 in July 2020, which was around 31% below the average July 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was A.

12 CULLEN CLOSE Sold Prices

Land registry data shows three sales for 12 CULLEN 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 12 CULLEN 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
2020 8 JUL	£180,000	£259,619	31% below HPI
2019 13 NOV	£186,666	£258,911	28% below HPI
2016 14 OCT	£175,000	£222,122	21% below HPI

12 CULLEN 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 12 CULLEN CLOSE sales between October 2016 and July 2020 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 November 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 CULLEN CLOSE?

12 CULLEN CLOSE is 70m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 12 CULLEN CLOSE lies on this distribution: 8% of detached houses are smaller than 12 CULLEN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

12 CULLEN CLOSE: Plot and Title Map

12 CULLEN CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 12 CULLEN 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 CULLEN 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 CULLEN CLOSE?

12 CULLEN CLOSE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 12 on CULLEN CLOSE.