19, NEILE CLOSE, LINCOLN, LN2 4RT - £84,500

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.

19 NEILE CLOSE is a very small terraced house of 38m², built sometime between 1976 and 1982, which could now be worth an estimated £123,427. It was last sold for £84,500 in September 2015, which was around 22% below the average September 2015 terraced price in the Lincoln local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

19 NEILE CLOSE Sold Prices

Land registry data shows five sales for 19 NEILE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. All of the five 19 NEILE 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
2015 30 SEP	£84,500	£108,618	22% below HPI
2014 28 OCT	£68,000	£106,155	36% below HPI
2009 17 APR	£67,000	£87,423	23% below HPI
1998 11 SEP	£25,600	£31,467	19% below HPI
1995 23 JUN	£26,750	£28,961	8% below HPI

19 NEILE 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 five 19 NEILE CLOSE sales between June 1995 and September 2015 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 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 19 NEILE CLOSE be worth now?

19 NEILE CLOSE might now be worth an estimated £123,427.

This is based on house price inflation of 46.1%, between September 2015 and June 2025, 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 46.1% inflationary increase is applied to the most recent sale price for 19 NEILE CLOSE of £84,500 on 30th September 2015. For the value to have increased from £84,500 to £123,427 over the ten years and three months to June 2025, the following assumptions must hold true:

• The value of 19 NEILE CLOSE has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The September 2015 sale price of £84,500 represented a fair market value for the property.
• The size, condition, and specification of 19 NEILE CLOSE has not materially changed since September 2015.

How Large is 19 NEILE CLOSE?

19 NEILE CLOSE is 38m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% 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 19 NEILE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 19 NEILE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

19 NEILE CLOSE: Plot and Title Map

19 NEILE CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 19 NEILE 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 19 NEILE 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 19 NEILE CLOSE?

19 NEILE CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 19 on NEILE CLOSE.