2, BARRATTS CLOSE, LINCOLN, LN2 4AF - £415,000

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.

2 BARRATTS CLOSE is a large extended semi-detached house of 111m², built sometime between 1930 and 1949, which could now be worth an estimated £488,126. It was last sold for £415,000 in March 2021, which was around 137% above the average March 2021 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

2 BARRATTS CLOSE Sold Prices

Land registry data shows five sales for 2 BARRATTS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. All of the five 2 BARRATTS 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
2021 12 MAR	£415,000	£175,221	137% above HPI
2017 1 SEP	£355,000	£153,044	132% above HPI
2015 30 OCT	£265,000	£137,065	93% above HPI
2003 31 JAN	£179,000	£77,821	130% above HPI
2002 19 FEB	£122,500	£57,427	113% above HPI

2 BARRATTS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The five 2 BARRATTS CLOSE sales between February 2002 and March 2021 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 September 2017 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the March 2021 sale, where it rises to 137% above the HPI. The line then continues to track at 137% above the HPI.

What might 2 BARRATTS CLOSE be worth now?

2 BARRATTS CLOSE might now be worth an estimated £488,126.

This is based on house price inflation of 17.6%, between March 2021 and April 2026, for semi-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 17.6% inflationary increase is applied to the most recent sale price for 2 BARRATTS CLOSE of £415,000 on 12th March 2021. For the value to have increased from £415,000 to £488,126 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 BARRATTS CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The March 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BARRATTS CLOSE has not materially changed since March 2021.

How Large is 2 BARRATTS CLOSE?

2 BARRATTS CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 40% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 2 BARRATTS CLOSE lies on this distribution: 60% of semi-detached houses houses are smaller than 2 BARRATTS CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 BARRATTS CLOSE: Plot and Title Map

2 BARRATTS CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 2 BARRATTS 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 2 BARRATTS 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 2 BARRATTS CLOSE?

2 BARRATTS CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 2 on BARRATTS CLOSE.