10, BURNESIDE CLOSE, LINCOLN, LN2 4XA - £140,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 BURNESIDE CLOSE is a very small detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £237,869. It was last sold for £140,000 in November 2012, which was around 23% below the average November 2012 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was B.

10 BURNESIDE CLOSE Sold Prices

Land registry data shows four sales for 10 BURNESIDE 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 Lincoln local authority area for the corresponding sale date. All of the four 10 BURNESIDE 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
2012 16 NOV	£140,000	£182,286	23% below HPI
2008 3 JUL	£166,000	£185,823	11% below HPI
2004 3 SEP	£160,000	£174,737	8% below HPI
2002 28 FEB	£84,950	£96,714	12% below HPI

10 BURNESIDE 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 four 10 BURNESIDE CLOSE sales between February 2002 and November 2012 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 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2012 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 10 BURNESIDE CLOSE be worth now?

10 BURNESIDE CLOSE might now be worth an estimated £237,869.

This is based on house price inflation of 69.9%, between November 2012 and May 2026, for detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.9% inflationary increase is applied to the most recent sale price for 10 BURNESIDE CLOSE of £140,000 on 16th November 2012. For the value to have increased from £140,000 to £237,869 over the fourteen years and six months to May 2026, the following assumptions must hold true:

• The value of 10 BURNESIDE CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The November 2012 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 10 BURNESIDE CLOSE has not materially changed since November 2012.

How Large is 10 BURNESIDE CLOSE?

10 BURNESIDE CLOSE is 63m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 10 BURNESIDE CLOSE lies on this distribution: 8% of detached houses houses are smaller than 10 BURNESIDE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

10 BURNESIDE CLOSE: Plot and Title Map

10 BURNESIDE CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 10 BURNESIDE 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 10 BURNESIDE 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 10 BURNESIDE CLOSE?

10 BURNESIDE CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 10 on BURNESIDE CLOSE.