9, LANEY CLOSE, LINCOLN, LN2 4RN - £190,000

9 LANEY CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £190,000 in March 2019, which was around 25% below the average March 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was B.

9 LANEY CLOSE Sold Prices

Land registry data shows three sales for 9 LANEY 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 9 LANEY 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
2019 1 MAR	£190,000	£254,886	25% below HPI
2015 27 NOV	£150,000	£215,115	30% below HPI
1997 28 AUG	£47,950	£65,722	27% below HPI

9 LANEY 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 9 LANEY CLOSE sales between August 1997 and March 2019 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 November 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 9 LANEY CLOSE?

9 LANEY CLOSE is 66m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 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 9 LANEY CLOSE lies on this distribution: 10% of detached houses are smaller than 9 LANEY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

9 LANEY CLOSE: Plot and Title Map

9 LANEY CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 9 LANEY 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 9 LANEY 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 9 LANEY CLOSE?

9 LANEY CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 9 on LANEY CLOSE.