16, MEADOWLAKE CLOSE, LINCOLN, LN6 0UA - £150,000

16 MEADOWLAKE CLOSE is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £150,000 in June 2019, which was around 40% below the average June 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

16 MEADOWLAKE CLOSE Sold Prices

Land registry data shows two sales for 16 MEADOWLAKE 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 16 MEADOWLAKE 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
2019 25 JUN	£150,000	£248,420	40% below HPI
1999 10 DEC	£57,750	£71,409	19% below HPI

16 MEADOWLAKE 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 16 MEADOWLAKE CLOSE sales from December 1999 and June 2019 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 December 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 16 MEADOWLAKE CLOSE?

16 MEADOWLAKE CLOSE is 65m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 16 MEADOWLAKE CLOSE lies on this distribution: 9% of detached houses are smaller than 16 MEADOWLAKE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

16 MEADOWLAKE CLOSE: Plot and Title Map

16 MEADOWLAKE CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 16 MEADOWLAKE 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 16 MEADOWLAKE 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 16 MEADOWLAKE CLOSE?

16 MEADOWLAKE CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 16 on MEADOWLAKE CLOSE.