2, ELTON CLOSE, LINCOLN, LN1 1AP - £220,000

2 ELTON CLOSE is a large extended detached house of 125m², built sometime between 2003 and 2006. It was last sold for £220,000 in May 2012, which was around 26% above the average May 2012 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

2 ELTON CLOSE Sold Prices

Land registry data shows three sales for 2 ELTON 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 Lincoln local authority area for the corresponding sale date. All of the three 2 ELTON CLOSE sales were 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
2012 25 MAY	£220,000	£173,982	26% above HPI
2008 18 APR	£231,000	£192,935	20% above HPI
2004 19 MAR	£182,995	£162,408	13% above HPI

2 ELTON 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 three 2 ELTON CLOSE sales between March 2004 and May 2012 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 2008 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2012 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 2 ELTON CLOSE?

2 ELTON CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 2 ELTON CLOSE lies on this distribution: 73% of detached houses are smaller than 2 ELTON CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 ELTON CLOSE: Plot and Title Map

2 ELTON CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 2 ELTON 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 2 ELTON 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 2 ELTON CLOSE?

2 ELTON CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 2 on ELTON CLOSE.