8, GOTHIC CLOSE, LINCOLN, LN6 3LN - £200,000

8 GOTHIC CLOSE is a very large extended detached house of 141m², built sometime between 1983 and 1990. It was last sold for £200,000 in October 2015, which was around 5% below the average October 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

8 GOTHIC CLOSE Sold Prices

Land registry data shows two sales for 8 GOTHIC 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 8 GOTHIC 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
2015 6 OCT	£200,000	£209,684	5% below HPI
1998 29 DEC	£59,950	£68,580	13% below HPI

8 GOTHIC 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 8 GOTHIC CLOSE sales from December 1998 and October 2015 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 December 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 GOTHIC CLOSE?

8 GOTHIC CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in March 2015. 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 8 GOTHIC CLOSE lies on this distribution: 82% of detached houses are smaller than 8 GOTHIC CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 GOTHIC CLOSE: Plot and Title Map

8 GOTHIC CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 8 GOTHIC 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 GOTHIC 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 GOTHIC CLOSE?

8 GOTHIC CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 8 on GOTHIC CLOSE.