2, LANCASTER CLOSE, BARDNEY, LINCOLN, LN3 5BX - £192,000

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 LANCASTER CLOSE is a midsized detached house of 99m², built sometime from 2007 onwards, which could now be worth an estimated £243,916. It was last sold for £192,000 in December 2019, which was around 16% below the average December 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

2 LANCASTER CLOSE Sold Prices

Land registry data shows two sales for 2 LANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 2 LANCASTER 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
2019 16 DEC	£192,000	£227,695	16% below HPI
2014 3 JAN	£159,000	£193,157	18% below HPI

2 LANCASTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 2 LANCASTER CLOSE sales from January 2014 and December 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 January 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 LANCASTER CLOSE be worth now?

2 LANCASTER CLOSE might now be worth an estimated £243,916.

This is based on house price inflation of 27%, between December 2019 and April 2026, for detached 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 27% inflationary increase is applied to the most recent sale price for 2 LANCASTER CLOSE of £192,000 on 16th December 2019. For the value to have increased from £192,000 to £243,916 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 LANCASTER CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2019 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LANCASTER CLOSE has not materially changed since December 2019.

How Large is 2 LANCASTER CLOSE?

2 LANCASTER CLOSE is 99m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses houses in Bardney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bardney, and where 2 LANCASTER CLOSE lies on this distribution: 49% of detached houses houses are smaller than 2 LANCASTER CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Bardney.

2 LANCASTER CLOSE: Plot and Title Map

2 LANCASTER CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 2 LANCASTER 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 LANCASTER 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 LANCASTER CLOSE?

2 LANCASTER CLOSE is located in BARDNEY, in the LN3 postcode district. The below map shows the position of No. 2 on LANCASTER CLOSE.