18, HALE CLOSE, LINCOLN, LN2 4TZ - £215,000

18 HALE CLOSE is a very small extended detached house of 75m², built sometime between 1983 and 1990. It was last sold for £215,000 in July 2021, which was around 21% below the average July 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

18 HALE CLOSE Sold Prices

Land registry data shows five sales for 18 HALE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the five 18 HALE 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
2021 30 JUL	£215,000	£270,562	21% below HPI
2018 25 JAN	£175,000	£236,080	26% below HPI
2007 7 DEC	£149,950	£193,881	23% below HPI
2006 20 OCT	£146,500	£183,917	20% below HPI
1998 13 NOV	£55,000	£68,291	19% below HPI

18 HALE 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 five 18 HALE CLOSE sales between November 1998 and July 2021 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 January 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 18 HALE CLOSE?

18 HALE CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in April 2021. 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 18 HALE CLOSE lies on this distribution: 19% of detached houses are smaller than 18 HALE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

18 HALE CLOSE: Plot and Title Map

18 HALE CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 18 HALE 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 18 HALE 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 18 HALE CLOSE?

18 HALE CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 18 on HALE CLOSE.