FRIARS CRAG, MAIN STREET, NOCTON, LINCOLN, LN4 2BH - £309,000

FRIARS CRAG is a large detached house of 153m², built sometime between 1983 and 1990. It was last sold for £309,000 in April 2015, which was around 56% above the average April 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

FRIARS CRAG Sold Prices

Land registry data shows three sales for FRIARS CRAG since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three FRIARS CRAG sales were for above 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 2 APR	£309,000	£197,486	56% above HPI
2006 14 AUG	£265,000	£185,763	43% above HPI
1999 6 DEC	£98,000	£72,894	34% above HPI

FRIARS CRAG 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 three FRIARS CRAG sales between December 1999 and April 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 August 2006 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the April 2015 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is FRIARS CRAG?

FRIARS CRAG is 153m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses in Nocton, based on EPC data. The below chart shows the distribution of detached houses by size in Nocton, and where FRIARS CRAG lies on this distribution: 61% of detached houses are smaller than FRIARS CRAG, and 39% of houses are larger. Note that EPC data is not available for all properties in Nocton.

FRIARS CRAG: Plot and Title Map

FRIARS CRAG sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of FRIARS CRAG, 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 FRIARS CRAG). 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 FRIARS CRAG?

FRIARS CRAG is located on MAIN STREET in NOCTON, in the LN4 postcode district. The below map shows the position of FRIARS CRAG on MAIN STREET.