5, LAVENDER CLOSE, LINCOLN, LN5 9XE - £241,000

5 LAVENDER CLOSE is a very large detached house of 172m², built sometime between 1991 and 1995. It was last sold for £241,000 in September 2011, which was around 39% above the average September 2011 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

5 LAVENDER CLOSE Sold Prices

Land registry data shows two sales for 5 LAVENDER 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 5 LAVENDER 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
2011 16 SEP	£241,000	£173,724	39% above HPI
2004 10 SEP	£214,995	£172,552	25% above HPI

5 LAVENDER 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 5 LAVENDER CLOSE sales from September 2004 and September 2011 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 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2011 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 5 LAVENDER CLOSE?

5 LAVENDER CLOSE is 172m² according to the EPC inspection conducted in November 2010. 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 5 LAVENDER CLOSE lies on this distribution: 92% of detached houses are smaller than 5 LAVENDER CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 LAVENDER CLOSE: Plot and Title Map

5 LAVENDER CLOSE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 5 LAVENDER 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 5 LAVENDER 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 5 LAVENDER CLOSE?

5 LAVENDER CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 5 on LAVENDER CLOSE.