15, ACER CLOSE, LINCOLN, LN6 0RD - £200,000

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.

15 ACER CLOSE is a small detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £243,895. It was last sold for £200,000 in September 2019, which was around 21% below the average September 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

15 ACER CLOSE Sold Prices

Land registry data shows four sales for 15 ACER 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. Most of the four 15 ACER 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 27 SEP	£200,000	£252,224	21% below HPI
2006 19 OCT	£138,000	£186,246	26% below HPI
2004 29 JUN	£142,500	£171,901	17% below HPI
1996 31 JAN	£69,480	£63,321	10% above HPI

15 ACER 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 15 ACER CLOSE sales between January 1996 and September 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 October 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 15 ACER CLOSE be worth now?

15 ACER CLOSE might now be worth an estimated £243,895.

This is based on house price inflation of 21.9%, between September 2019 and June 2025, 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 21.9% inflationary increase is applied to the most recent sale price for 15 ACER CLOSE of £200,000 on 27th September 2019. For the value to have increased from £200,000 to £243,895 over the six years and three months to June 2025, the following assumptions must hold true:

• The value of 15 ACER CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The September 2019 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ACER CLOSE has not materially changed since September 2019.

How Large is 15 ACER CLOSE?

15 ACER CLOSE is 83m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% 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 15 ACER CLOSE lies on this distribution: 29% of detached houses houses are smaller than 15 ACER CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

15 ACER CLOSE: Plot and Title Map

15 ACER CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 15 ACER 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 15 ACER 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 15 ACER CLOSE?

15 ACER CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 15 on ACER CLOSE.