2, BARRONS CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4GB - £400,000

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 BARRONS CLOSE is a very large terraced house of 187m², built sometime between 1996 and 2002, which could now be worth an estimated £415,301. It was last sold for £400,000 in February 2023, which was around 184% above the average February 2023 terraced price in the West Lindsey local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was B.

2 BARRONS CLOSE Sold Prices

Land registry data shows three sales for 2 BARRONS 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 West Lindsey local authority area for the corresponding sale date. All of the three 2 BARRONS 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
2023 6 FEB	£400,000	£140,701	184% above HPI
2018 12 JAN	£305,000	£109,072	180% above HPI
2014 1 AUG	£263,000	£93,087	183% above HPI

2 BARRONS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The three 2 BARRONS CLOSE sales between August 2014 and February 2023 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 2018 sale was for 180% above the HPI. So the extrapolation line tracks at 180% above the HPI over time, until the February 2023 sale, where it rises to 184% above the HPI. The line then continues to track at 184% above the HPI.

What might 2 BARRONS CLOSE be worth now?

2 BARRONS CLOSE might now be worth an estimated £415,301.

This is based on house price inflation of 3.8%, between February 2023 and April 2026, for terraced houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% inflationary increase is applied to the most recent sale price for 2 BARRONS CLOSE of £400,000 on 6th February 2023. For the value to have increased from £400,000 to £415,301 over the two years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 BARRONS CLOSE has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The February 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BARRONS CLOSE has not materially changed since February 2023.

How Large is 2 BARRONS CLOSE?

2 BARRONS CLOSE is 187m² according to the EPC inspection conducted in August 2017. This puts it in the largest 10% of terraced houses houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cherry Willingham, and where 2 BARRONS CLOSE lies on this distribution: 96% of terraced houses houses are smaller than 2 BARRONS CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

2 BARRONS CLOSE: Plot and Title Map

2 BARRONS CLOSE sits on a plot of roughly 0.244 of an acre, or 987m². The below map shows the location of 2 BARRONS 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 BARRONS 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 BARRONS CLOSE?

2 BARRONS CLOSE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 2 on BARRONS CLOSE.