2, MALVERN CLOSE, LINCOLN, LN5 8SU - £165,000

2 MALVERN CLOSE is a small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £165,000 in December 2017, which was around 29% below the average December 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

2 MALVERN CLOSE Sold Prices

Land registry data shows three sales for 2 MALVERN 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 MALVERN 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
2017 11 DEC	£165,000	£233,295	29% below HPI
2014 12 SEP	£138,000	£202,192	32% below HPI
1998 13 NOV	£53,000	£68,291	22% below HPI

2 MALVERN 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 MALVERN CLOSE sales between November 1998 and December 2017 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 September 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 MALVERN CLOSE?

2 MALVERN CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 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 MALVERN CLOSE lies on this distribution: 24% of detached houses are smaller than 2 MALVERN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 MALVERN CLOSE: Plot and Title Map

2 MALVERN CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 2 MALVERN 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 MALVERN 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 MALVERN CLOSE?

2 MALVERN CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 2 on MALVERN CLOSE.