12, AUDEN CLOSE, LINCOLN, LN2 4BS - £422,500

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.

12 AUDEN CLOSE is a very large extended detached house of 152m², built sometime between 1967 and 1975, which could now be worth an estimated £556,316. It was last sold for £422,500 in November 2017, which was around 80% above the average November 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

12 AUDEN CLOSE Sold Prices

Land registry data shows two sales for 12 AUDEN 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 12 AUDEN CLOSE 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
2017 30 NOV	£422,500	£235,217	80% above HPI
2004 7 JUN	£330,000	£171,901	92% above HPI

12 AUDEN 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 12 AUDEN CLOSE sales from June 2004 and November 2017 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 June 2004 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the November 2017 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 12 AUDEN CLOSE be worth now?

12 AUDEN CLOSE might now be worth an estimated £556,316.

This is based on house price inflation of 31.7%, between November 2017 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 31.7% inflationary increase is applied to the most recent sale price for 12 AUDEN CLOSE of £422,500 on 30th November 2017. For the value to have increased from £422,500 to £556,316 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 12 AUDEN CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The November 2017 sale price of £422,500 represented a fair market value for the property.
• The size, condition, and specification of 12 AUDEN CLOSE has not materially changed since November 2017.

How Large is 12 AUDEN CLOSE?

12 AUDEN CLOSE is 152m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% 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 12 AUDEN CLOSE lies on this distribution: 87% of detached houses houses are smaller than 12 AUDEN CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

12 AUDEN CLOSE: Plot and Title Map

12 AUDEN CLOSE sits on a plot of roughly 0.185 of an acre, or 749m². The below map shows the location of 12 AUDEN 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 12 AUDEN 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 12 AUDEN CLOSE?

12 AUDEN CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 12 on AUDEN CLOSE.