8, CORREEN CLOSE, LINCOLN, LN5 9AT - £117,500

8 CORREEN CLOSE is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £117,500 in October 2013, which was around 38% below the average October 2013 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

8 CORREEN CLOSE Sold Prices

Land registry data shows three sales for 8 CORREEN 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 8 CORREEN 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
2013 18 OCT	£117,500	£190,071	38% below HPI
2006 20 JAN	£112,000	£177,887	37% below HPI
2000 8 SEP	£45,000	£79,301	43% below HPI

8 CORREEN 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 8 CORREEN CLOSE sales between September 2000 and October 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 January 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2013 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 CORREEN CLOSE?

8 CORREEN CLOSE is 83m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 8 CORREEN CLOSE lies on this distribution: 29% of detached houses are smaller than 8 CORREEN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 CORREEN CLOSE: Plot and Title Map

8 CORREEN CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 8 CORREEN 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 8 CORREEN 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 8 CORREEN CLOSE?

8 CORREEN CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 8 on CORREEN CLOSE.