2, SNAITH CLOSE, LINCOLN, LN6 0SR - £100,000

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 SNAITH CLOSE is a very small detached house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £165,973. It was last sold for £100,000 in April 2013, which was around 45% below the average April 2013 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

2 SNAITH CLOSE Sold Prices

Land registry data shows three sales for 2 SNAITH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 2 SNAITH 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
2013 12 APR	£100,000	£181,792	45% below HPI
2008 13 AUG	£146,500	£187,181	22% below HPI
2003 22 JAN	£105,000	£129,644	19% below HPI

2 SNAITH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 2 SNAITH CLOSE sales between January 2003 and April 2013 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 August 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2013 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 2 SNAITH CLOSE be worth now?

2 SNAITH CLOSE might now be worth an estimated £165,973.

This is based on house price inflation of 66%, between April 2013 and March 2025, 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 66% inflationary increase is applied to the most recent sale price for 2 SNAITH CLOSE of £100,000 on 12th April 2013. For the value to have increased from £100,000 to £165,973 over the twelve years and one month to March 2025, the following assumptions must hold true:

• The value of 2 SNAITH CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The April 2013 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SNAITH CLOSE has not materially changed since April 2013.

How Large is 2 SNAITH CLOSE?

2 SNAITH CLOSE is 57m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 2 SNAITH CLOSE lies on this distribution: 4% of detached houses houses are smaller than 2 SNAITH CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 SNAITH CLOSE: Plot and Title Map

2 SNAITH CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 2 SNAITH 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 SNAITH 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 SNAITH CLOSE?

2 SNAITH CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 2 on SNAITH CLOSE.