18, HEYSHAM CLOSE, LINCOLN, LN5 9UD - £128,000

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.

18 HEYSHAM CLOSE is a very small terraced house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £161,332. It was last sold for £128,000 in August 2019, which was about the average August 2019 terraced price in the Lincoln local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

18 HEYSHAM CLOSE Sold Prices

Land registry data shows three sales for 18 HEYSHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. The three 18 HEYSHAM CLOSE sales were a mix of roughly equal to the average price, and 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
2019 16 AUG	£128,000	£127,438	Close to HPI
2015 27 MAY	£115,000	£107,949	7% above HPI
1995 21 APR	£33,000	£29,080	13% above HPI

18 HEYSHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lincoln local authority area over time, sourced from the HPI. The three 18 HEYSHAM CLOSE sales between April 1995 and August 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 May 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 18 HEYSHAM CLOSE be worth now?

18 HEYSHAM CLOSE might now be worth an estimated £161,332.

This is based on house price inflation of 26%, between August 2019 and May 2026, for terraced 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 26% inflationary increase is applied to the most recent sale price for 18 HEYSHAM CLOSE of £128,000 on 16th August 2019. For the value to have increased from £128,000 to £161,332 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 18 HEYSHAM CLOSE has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The August 2019 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HEYSHAM CLOSE has not materially changed since August 2019.

How Large is 18 HEYSHAM CLOSE?

18 HEYSHAM CLOSE is 68m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of terraced houses houses in Lincoln, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lincoln, and where 18 HEYSHAM CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 18 HEYSHAM CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

18 HEYSHAM CLOSE: Plot and Title Map

18 HEYSHAM CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 18 HEYSHAM 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 18 HEYSHAM 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 18 HEYSHAM CLOSE?

18 HEYSHAM CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 18 on HEYSHAM CLOSE.