4, ELTON CLOSE, LINCOLN, LN1 1AP - £340,000

4 ELTON CLOSE is a large extended detached house of 115m², built sometime between 2003 and 2006. It was last sold for £340,000 in January 2022, which was around 20% above the average January 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

4 ELTON CLOSE Sold Prices

Land registry data shows four sales for 4 ELTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 4 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
2022 31 JAN	£340,000	£284,464	20% above HPI
2011 30 AUG	£188,000	£175,750	7% above HPI
2010 21 SEP	£191,500	£172,047	11% above HPI
2004 27 FEB	£169,995	£158,771	7% above HPI

4 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 four 4 ELTON CLOSE sales between February 2004 and January 2022 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 August 2011 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 4 ELTON CLOSE?

4 ELTON CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 4 ELTON CLOSE lies on this distribution: 64% of detached houses are smaller than 4 ELTON CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 ELTON CLOSE: Plot and Title Map

4 ELTON CLOSE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 4 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 4 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 4 ELTON CLOSE?

4 ELTON CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 4 on ELTON CLOSE.