5, ELM CLOSE, SAXILBY, LINCOLN, LN1 2QH - £190,000

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 ELM CLOSE is a small extended detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £248,944. It was last sold for £190,000 in January 2019, which was around 15% below the average January 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

5 ELM CLOSE Sold Prices

Land registry data shows two sales for 5 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 5 ELM 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
2019 23 JAN	£190,000	£224,517	15% below HPI
2017 1 MAR	£160,000	£208,295	23% below HPI

5 ELM 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 two 5 ELM CLOSE sales from March 2017 and January 2019 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 March 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 ELM CLOSE be worth now?

5 ELM CLOSE might now be worth an estimated £248,944.

This is based on house price inflation of 31%, between January 2019 and March 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 31% inflationary increase is applied to the most recent sale price for 5 ELM CLOSE of £190,000 on 23rd January 2019. For the value to have increased from £190,000 to £248,944 over the five years and ten months to March 2025, the following assumptions must hold true:

• The value of 5 ELM CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The January 2019 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELM CLOSE has not materially changed since January 2019.

How Large is 5 ELM CLOSE?

5 ELM CLOSE is 88m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% of detached houses houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saxilby, and where 5 ELM CLOSE lies on this distribution: 22% of detached houses houses are smaller than 5 ELM CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Saxilby.

5 ELM CLOSE: Plot and Title Map

5 ELM CLOSE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 5 ELM 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 ELM 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 ELM CLOSE?

5 ELM CLOSE is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 5 on ELM CLOSE.