7, HALE CLOSE, LINCOLN, LN2 4TZ - £278,500

7 HALE CLOSE is a midsized detached house of 107m², built sometime between 1991 and 1995. It was last sold for £278,500 in November 2022, which was around 8% below the average November 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

7 HALE CLOSE Sold Prices

Land registry data shows two sales for 7 HALE 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 7 HALE 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
2022 4 NOV	£278,500	£302,392	8% below HPI
2006 28 APR	£157,000	£175,639	11% below HPI

7 HALE 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 7 HALE CLOSE sales from April 2006 and November 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 April 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 HALE CLOSE?

7 HALE CLOSE is 107m² according to the EPC inspection conducted in May 2022. This puts it in the largest 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 7 HALE CLOSE lies on this distribution: 57% of detached houses are smaller than 7 HALE CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

7 HALE CLOSE: Plot and Title Map

7 HALE CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 7 HALE 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 7 HALE 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 7 HALE CLOSE?

7 HALE CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 7 on HALE CLOSE.