16, FOSTER CLOSE, TIMBERLAND, LINCOLN, LN4 3SE - £295,000

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 FOSTER CLOSE is a large extended detached house of 167m², built sometime between 1996 and 2002, which could now be worth an estimated £380,949. It was last sold for £295,000 in March 2018, which was around 25% above the average March 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

16 FOSTER CLOSE Sold Prices

Land registry data shows three sales for 16 FOSTER CLOSE 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 16 FOSTER 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
2018 14 MAR	£295,000	£235,203	25% above HPI
2002 24 JAN	£167,500	£94,183	78% above HPI
2001 6 APR	£89,000	£79,809	12% above HPI

16 FOSTER CLOSE 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 16 FOSTER CLOSE sales between April 2001 and March 2018 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 January 2002 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the March 2018 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 16 FOSTER CLOSE be worth now?

16 FOSTER CLOSE might now be worth an estimated £380,949.

This is based on house price inflation of 29.1%, between March 2018 and June 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.1% inflationary increase is applied to the most recent sale price for 16 FOSTER CLOSE of £295,000 on 14th March 2018. For the value to have increased from £295,000 to £380,949 over the six years and nine months to June 2025, the following assumptions must hold true:

• The value of 16 FOSTER CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FOSTER CLOSE has not materially changed since March 2018.

How Large is 16 FOSTER CLOSE?

16 FOSTER CLOSE is 167m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses houses in Timberland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Timberland, and where 16 FOSTER CLOSE lies on this distribution: 70% of detached houses houses are smaller than 16 FOSTER CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Timberland.

16 FOSTER CLOSE: Plot and Title Map

16 FOSTER CLOSE sits on a plot of roughly 0.207 of an acre, or 839m². The below map shows the location of 16 FOSTER 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 FOSTER 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 FOSTER CLOSE?

16 FOSTER CLOSE is located in TIMBERLAND, in the LN4 postcode district. The below map shows the position of No. 16 on FOSTER CLOSE.