5, PRINCESS ROYAL CLOSE, LINCOLN, LN2 5RX - £316,000

5 PRINCESS ROYAL CLOSE is a very large detached house of 138m², built sometime between 1991 and 1995. It was last sold for £316,000 in April 2013, which was around 76% above the average April 2013 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

5 PRINCESS ROYAL CLOSE Sold Prices

Land registry data shows two sales for 5 PRINCESS ROYAL 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. One of the two 5 PRINCESS ROYAL CLOSE sales was for above the average price, whilst the other 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
2013 17 APR	£316,000	£179,518	76% above HPI
1996 18 JUN	£59,950	£62,637	4% below HPI

5 PRINCESS ROYAL 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 PRINCESS ROYAL CLOSE sales from June 1996 and April 2013 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 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2013 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is 5 PRINCESS ROYAL CLOSE?

5 PRINCESS ROYAL CLOSE is 138m² according to the EPC inspection conducted in June 2012. 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 5 PRINCESS ROYAL CLOSE lies on this distribution: 81% of detached houses are smaller than 5 PRINCESS ROYAL CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 PRINCESS ROYAL CLOSE: Plot and Title Map

5 PRINCESS ROYAL CLOSE sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of 5 PRINCESS ROYAL 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 PRINCESS ROYAL 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 PRINCESS ROYAL CLOSE?

5 PRINCESS ROYAL CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 5 on PRINCESS ROYAL CLOSE.