3, GLEBE CLOSE, INGHAM, LINCOLN, LN1 2FN - £137,000

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.

3 GLEBE CLOSE is a very small extended semi-detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £164,614. It was last sold for £137,000 in July 2020, which was around 6% below the average July 2020 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

3 GLEBE CLOSE Sold Prices

Land registry data shows six sales for 3 GLEBE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. The six 3 GLEBE CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2020 17 JUL	£137,000	£146,121	6% below HPI
2016 17 NOV	£118,000	£129,640	9% below HPI
2006 4 AUG	£107,500	£113,873	6% below HPI
2002 19 JUN	£59,950	£59,837	Close to HPI
1999 29 APR	£33,950	£38,542	12% below HPI
1995 25 AUG	£39,950	£38,653	3% above HPI

3 GLEBE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The six 3 GLEBE CLOSE sales between August 1995 and July 2020 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 November 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 GLEBE CLOSE be worth now?

3 GLEBE CLOSE might now be worth an estimated £164,614.

This is based on house price inflation of 20.2%, between July 2020 and June 2025, for semi-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 20.2% inflationary increase is applied to the most recent sale price for 3 GLEBE CLOSE of £137,000 on 17th July 2020. For the value to have increased from £137,000 to £164,614 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 3 GLEBE CLOSE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The July 2020 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GLEBE CLOSE has not materially changed since July 2020.

How Large is 3 GLEBE CLOSE?

3 GLEBE CLOSE is 62m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of semi-detached houses houses in Ingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ingham, and where 3 GLEBE CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 3 GLEBE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ingham.

3 GLEBE CLOSE: Plot and Title Map

3 GLEBE CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 3 GLEBE 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 3 GLEBE 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 3 GLEBE CLOSE?

3 GLEBE CLOSE is located in INGHAM, in the LN1 postcode district. The below map shows the position of No. 3 on GLEBE CLOSE.