40, SOMME CLOSE, LINCOLN, LN1 3WA - £160,000

40 SOMME CLOSE is a midsized detached house of 91m², built sometime between 2003 and 2006. It was last sold for £160,000 in November 2014, which was around 22% below the average November 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

40 SOMME CLOSE Sold Prices

Land registry data shows three sales for 40 SOMME 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 40 SOMME 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 18 NOV	£160,000	£203,895	22% below HPI
2011 14 JAN	£155,000	£175,277	12% below HPI
2006 5 MAY	£168,950	£179,618	6% below HPI

40 SOMME 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 40 SOMME CLOSE sales between May 2006 and November 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 January 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 40 SOMME CLOSE?

40 SOMME CLOSE is 91m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 40 SOMME CLOSE lies on this distribution: 40% of detached houses are smaller than 40 SOMME CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

40 SOMME CLOSE: Plot and Title Map

40 SOMME CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 40 SOMME 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 40 SOMME 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 40 SOMME CLOSE?

40 SOMME CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 40 on SOMME CLOSE.