2, CHESTNUT CLOSE, NOCTON, LINCOLN, LN4 2DJ - £125,000

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 CHESTNUT CLOSE is a very small semi-detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £203,862. It was last sold for £125,000 in April 2008, which was about the average April 2008 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

2 CHESTNUT CLOSE Sold Prices

Land registry data shows one sale for 2 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 14 APR	£125,000	£125,387	Close to HPI

What might 2 CHESTNUT CLOSE be worth now?

2 CHESTNUT CLOSE might now be worth an estimated £203,862.

This is based on house price inflation of 63.1%, between April 2008 and May 2026, for semi-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 63.1% inflationary increase is applied to the most recent sale price for 2 CHESTNUT CLOSE of £125,000 on 14th April 2008. For the value to have increased from £125,000 to £203,862 over the seventeen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 CHESTNUT CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The April 2008 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT CLOSE has not materially changed since April 2008.

How Large is 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is 81m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of semi-detached houses in Nocton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Nocton, and where 2 CHESTNUT CLOSE lies on this distribution: 16% of semi-detached houses are smaller than 2 CHESTNUT CLOSE, and 81% of semi-detached houses are larger. Note that EPC data is not available for all properties in Nocton.

2 CHESTNUT CLOSE: Plot

2 CHESTNUT CLOSE sits on a plot of roughly 0.046 of an acre, or 187m².

Where is 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is located in NOCTON, in the LN4 postcode district.