4, SOMERSBY CLOSE, LINCOLN, LN6 8AF - £180,000

4 SOMERSBY CLOSE is a very large extended detached house of 163m², built sometime between 1950 and 1966. It was last sold for £180,000 in August 2010, which was around 4% above the average August 2010 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

4 SOMERSBY CLOSE Sold Prices

Land registry data shows three sales for 4 SOMERSBY 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. Two of the three 4 SOMERSBY CLOSE sales were for above the average price, whilst one was 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
2010 12 AUG	£180,000	£173,595	4% above HPI
2005 20 MAY	£180,000	£179,035	1% above HPI
2001 30 MAR	£56,000	£81,008	31% below HPI

4 SOMERSBY 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 4 SOMERSBY CLOSE sales between March 2001 and August 2010 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 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2010 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 4 SOMERSBY CLOSE?

4 SOMERSBY CLOSE is 163m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 10% 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 SOMERSBY CLOSE lies on this distribution: 90% of detached houses are smaller than 4 SOMERSBY CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 SOMERSBY CLOSE: Plot and Title Map

4 SOMERSBY CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 4 SOMERSBY 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 SOMERSBY 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 SOMERSBY CLOSE?

4 SOMERSBY CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 4 on SOMERSBY CLOSE.