41, CARRAL CLOSE, LINCOLN, LN5 9BD - £125,000

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.

41 CARRAL CLOSE is a very small detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £199,845. It was last sold for £125,000 in November 2006, which was around 34% below the average November 2006 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2024, where the current energy rating was B, and the potential energy rating was B.

41 CARRAL CLOSE Sold Prices

Land registry data shows three sales for 41 CARRAL 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 41 CARRAL 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
2006 20 NOV	£125,000	£187,998	34% below HPI
2003 21 NOV	£97,000	£158,272	39% below HPI
1999 26 JAN	£48,000	£69,371	31% below HPI

41 CARRAL 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 41 CARRAL CLOSE sales between January 1999 and November 2006 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 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2006 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 41 CARRAL CLOSE be worth now?

41 CARRAL CLOSE might now be worth an estimated £199,845.

This is based on house price inflation of 59.9%, between November 2006 and February 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 59.9% inflationary increase is applied to the most recent sale price for 41 CARRAL CLOSE of £125,000 on 20th November 2006. For the value to have increased from £125,000 to £199,845 over the nineteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 41 CARRAL CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The November 2006 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 41 CARRAL CLOSE has not materially changed since November 2006.

How Large is 41 CARRAL CLOSE?

41 CARRAL CLOSE is 65m² according to the EPC inspection conducted in March 2024. 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 41 CARRAL CLOSE lies on this distribution: 9% of detached houses houses are smaller than 41 CARRAL CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

41 CARRAL CLOSE: Plot and Title Map

41 CARRAL CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 41 CARRAL 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 41 CARRAL 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 41 CARRAL CLOSE?

41 CARRAL CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 41 on CARRAL CLOSE.