2, MALHAM CLOSE, LINCOLN, LN6 0XE - £190,000

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 MALHAM CLOSE is a small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £259,688. It was last sold for £190,000 in March 2017, which was around 16% below the average March 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

2 MALHAM CLOSE Sold Prices

Land registry data shows one sale for 2 MALHAM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Lincoln 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
2017 24 MAR	£190,000	£226,603	16% below HPI

What might 2 MALHAM CLOSE be worth now?

2 MALHAM CLOSE might now be worth an estimated £259,688.

This is based on house price inflation of 36.7%, between March 2017 and May 2026, for 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 36.7% inflationary increase is applied to the most recent sale price for 2 MALHAM CLOSE of £190,000 on 24th March 2017. For the value to have increased from £190,000 to £259,688 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 MALHAM CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The March 2017 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALHAM CLOSE has not materially changed since March 2017.

How Large is 2 MALHAM CLOSE?

2 MALHAM CLOSE is 77m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 2 MALHAM CLOSE lies on this distribution: 21% of detached houses are smaller than 2 MALHAM CLOSE, and 78% of detached houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 MALHAM CLOSE: Plot

2 MALHAM CLOSE sits on a plot of roughly 0.095 of an acre, or 384m².

Where is 2 MALHAM CLOSE?

2 MALHAM CLOSE is located in LINCOLN, in the LN6 postcode district.