2, LAING CLOSE, BARDNEY, LINCOLN, LN3 5XS - £118,000

2 LAING CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £118,000 in June 2014, which was around 36% below the average June 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

2 LAING CLOSE Sold Prices

Land registry data shows two sales for 2 LAING 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 West Lindsey local authority area for the corresponding sale date. Both of the two 2 LAING 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
2014 23 JUN	£118,000	£184,269	36% below HPI
2014 28 FEB	£100,000	£189,020	47% below HPI

2 LAING CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 2 LAING CLOSE sales from February 2014 and June 2014 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 February 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2014 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 LAING CLOSE?

2 LAING CLOSE is 73m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Bardney, based on EPC data. The below chart shows the distribution of detached houses by size in Bardney, and where 2 LAING CLOSE lies on this distribution: 13% of detached houses are smaller than 2 LAING CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bardney.

2 LAING CLOSE: Plot and Title Map

2 LAING CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 2 LAING 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 LAING 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 LAING CLOSE?

2 LAING CLOSE is located in BARDNEY, in the LN3 postcode district. The below map shows the position of No. 2 on LAING CLOSE.