5, CARRAL CLOSE, LINCOLN, LN5 9BD - £164,000

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.

5 CARRAL CLOSE is a very small semi-detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £211,425. It was last sold for £164,000 in September 2018, which was around 3% above the average September 2018 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

5 CARRAL CLOSE Sold Prices

Land registry data shows four sales for 5 CARRAL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. two of the four 5 CARRAL CLOSE sales were for above the average price, and four 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
2018 7 SEP	£164,000	£159,127	3% above HPI
2015 5 JUN	£131,000	£138,100	5% below HPI
2007 30 NOV	£125,000	£128,752	3% below HPI
2000 1 MAY	£53,000	£46,246	15% above HPI

5 CARRAL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 5 CARRAL CLOSE sales between May 2000 and September 2018 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 June 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 5 CARRAL CLOSE be worth now?

5 CARRAL CLOSE might now be worth an estimated £211,425.

This is based on house price inflation of 28.9%, between September 2018 and June 2025, for semi-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 28.9% inflationary increase is applied to the most recent sale price for 5 CARRAL CLOSE of £164,000 on 7th September 2018. For the value to have increased from £164,000 to £211,425 over the seven years and three months to June 2025, the following assumptions must hold true:

• The value of 5 CARRAL CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The September 2018 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CARRAL CLOSE has not materially changed since September 2018.

How Large is 5 CARRAL CLOSE?

5 CARRAL CLOSE is 64m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 5 CARRAL CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 5 CARRAL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 CARRAL CLOSE: Plot and Title Map

5 CARRAL CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 5 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 5 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 5 CARRAL CLOSE?

5 CARRAL CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 5 on CARRAL CLOSE.