4, CORN CLOSE, FISKERTON, LINCOLN, LN3 4UT - £199,950

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.

4 CORN CLOSE is a very small detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £244,000. It was last sold for £199,950 in November 2020, which was around 16% below the average November 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

4 CORN CLOSE Sold Prices

Land registry data shows three sales for 4 CORN 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 West Lindsey local authority area for the corresponding sale date. All of the three 4 CORN 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
2020 12 NOV	£199,950	£238,558	16% below HPI
2017 20 NOV	£175,000	£218,540	20% below HPI
1995 15 SEP	£44,000	£62,617	30% below HPI

4 CORN 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 three 4 CORN CLOSE sales between September 1995 and November 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 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 4 CORN CLOSE be worth now?

4 CORN CLOSE might now be worth an estimated £244,000.

This is based on house price inflation of 22%, between November 2020 and February 2025, 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 22% inflationary increase is applied to the most recent sale price for 4 CORN CLOSE of £199,950 on 12th November 2020. For the value to have increased from £199,950 to £244,000 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 CORN CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2020 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 4 CORN CLOSE has not materially changed since November 2020.

How Large is 4 CORN CLOSE?

4 CORN CLOSE is 63m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses houses in Fiskerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fiskerton, and where 4 CORN CLOSE lies on this distribution: 3% of detached houses houses are smaller than 4 CORN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Fiskerton.

4 CORN CLOSE: Plot and Title Map

4 CORN CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 4 CORN 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 4 CORN 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 4 CORN CLOSE?

4 CORN CLOSE is located in FISKERTON, in the LN3 postcode district. The below map shows the position of No. 4 on CORN CLOSE.