16, BURNESIDE CLOSE, LINCOLN, LN2 4XA - £125,000

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.

16 BURNESIDE CLOSE is a very small detached house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £225,214. It was last sold for £125,000 in June 2004, which was around 27% below the average June 2004 detached price in the Lincoln local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

16 BURNESIDE CLOSE Sold Prices

Land registry data shows two sales for 16 BURNESIDE 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 16 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
2004 9 JUN	£125,000	£171,901	27% below HPI
1998 24 AUG	£48,500	£68,779	29% below HPI

16 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 two 16 BURNESIDE CLOSE sales from August 1998 and June 2004 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 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2004 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 16 BURNESIDE CLOSE be worth now?

16 BURNESIDE CLOSE might now be worth an estimated £225,214.

This is based on house price inflation of 80.2%, between June 2004 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 80.2% inflationary increase is applied to the most recent sale price for 16 BURNESIDE CLOSE of £125,000 on 9th June 2004. For the value to have increased from £125,000 to £225,214 over the 22 years and one month to May 2026, the following assumptions must hold true:

• The value of 16 BURNESIDE CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The June 2004 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BURNESIDE CLOSE has not materially changed since June 2004.

How Large is 16 BURNESIDE CLOSE?

16 BURNESIDE CLOSE is 53m² according to the EPC inspection conducted in December 2023. 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 16 BURNESIDE CLOSE lies on this distribution: 2% of detached houses houses are smaller than 16 BURNESIDE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

16 BURNESIDE CLOSE: Plot and Title Map

16 BURNESIDE CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 16 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 16 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 16 BURNESIDE CLOSE?

16 BURNESIDE CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 16 on BURNESIDE CLOSE.