3, SHEARWATER CLOSE, LINCOLN, LN6 0XU - £262,500

3 SHEARWATER CLOSE is a large extended detached house of 136m², built sometime between 1983 and 1990. It was last sold for £262,500 in October 2016, which was around 15% above the average October 2016 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

3 SHEARWATER CLOSE Sold Prices

Land registry data shows two sales for 3 SHEARWATER 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 Lincoln local authority area for the corresponding sale date. Both of the two 3 SHEARWATER 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
2016 21 OCT	£262,500	£228,896	15% above HPI
2001 1 JUN	£120,000	£85,873	40% above HPI

3 SHEARWATER 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 two 3 SHEARWATER CLOSE sales from June 2001 and October 2016 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 June 2001 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2016 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 3 SHEARWATER CLOSE?

3 SHEARWATER CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 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 3 SHEARWATER CLOSE lies on this distribution: 80% of detached houses are smaller than 3 SHEARWATER CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 SHEARWATER CLOSE: Plot and Title Map

3 SHEARWATER CLOSE sits on a plot of roughly 0.172 of an acre, or 694m². The below map shows the location of 3 SHEARWATER 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 3 SHEARWATER 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 3 SHEARWATER CLOSE?

3 SHEARWATER CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 3 on SHEARWATER CLOSE.