8, SHIRE CLOSE, BILLINGHAY, LINCOLN, LN4 4GR - £230,000

8 SHIRE CLOSE is a midsized detached house of 109m², built sometime between 2003 and 2006. It was last sold for £230,000 in August 2021, which was around 19% below the average August 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

8 SHIRE CLOSE Sold Prices

Land registry data shows four sales for 8 SHIRE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 8 SHIRE 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
2021 11 AUG	£230,000	£282,296	19% below HPI
2010 29 JUL	£154,000	£184,040	16% below HPI
2008 27 MAR	£153,000	£188,681	19% below HPI
2003 24 OCT	£135,000	£148,445	9% below HPI

8 SHIRE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 8 SHIRE CLOSE sales between October 2003 and August 2021 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 July 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 SHIRE CLOSE?

8 SHIRE CLOSE is 109m² according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 8 SHIRE CLOSE lies on this distribution: 51% of detached houses are smaller than 8 SHIRE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

8 SHIRE CLOSE: Plot and Title Map

8 SHIRE CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 8 SHIRE 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 SHIRE 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 SHIRE CLOSE?

8 SHIRE CLOSE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 8 on SHIRE CLOSE.