2, GRANELY CLOSE, LINCOLN, LN1 1WA - £310,000

2 GRANELY CLOSE is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £310,000 in June 2021, which was around 12% above the average June 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

2 GRANELY CLOSE Sold Prices

Land registry data shows three sales for 2 GRANELY 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 GRANELY 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
2021 11 JUN	£310,000	£277,450	12% above HPI
2021 28 MAY	£300,000	£271,614	10% above HPI
2000 27 OCT	£112,950	£79,807	42% above HPI

2 GRANELY 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 GRANELY CLOSE sales between October 2000 and June 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 May 2021 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 GRANELY CLOSE?

2 GRANELY CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in December 2019. 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 GRANELY CLOSE lies on this distribution: 72% of detached houses are smaller than 2 GRANELY CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 GRANELY CLOSE: Plot and Title Map

2 GRANELY CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 2 GRANELY 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 GRANELY 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 GRANELY CLOSE?

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