5, ROSEUM CLOSE, LINCOLN, LN6 3DF - £347,500

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 ROSEUM CLOSE is a very large extended detached house of 143m², built sometime between 1996 and 2002, which could now be worth an estimated £424,874. It was last sold for £347,500 in June 2019, which was around 38% above the average June 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

5 ROSEUM CLOSE Sold Prices

Land registry data shows three sales for 5 ROSEUM 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. Two of the three 5 ROSEUM CLOSE sales were for above the average price, whilst one was 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 7 JUN	£347,500	£251,567	38% above HPI
2003 31 OCT	£152,000	£156,163	3% below HPI
1997 25 APR	£75,500	£64,476	17% above HPI

5 ROSEUM 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 5 ROSEUM CLOSE sales between April 1997 and June 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 October 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2019 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 5 ROSEUM CLOSE be worth now?

5 ROSEUM CLOSE might now be worth an estimated £424,874.

This is based on house price inflation of 22.3%, between June 2019 and June 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 22.3% inflationary increase is applied to the most recent sale price for 5 ROSEUM CLOSE of £347,500 on 7th June 2019. For the value to have increased from £347,500 to £424,874 over the six years to June 2025, the following assumptions must hold true:

• The value of 5 ROSEUM CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The June 2019 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 5 ROSEUM CLOSE has not materially changed since June 2019.

How Large is 5 ROSEUM CLOSE?

5 ROSEUM CLOSE is 143m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 20% 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 5 ROSEUM CLOSE lies on this distribution: 83% of detached houses houses are smaller than 5 ROSEUM CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 ROSEUM CLOSE: Plot and Title Map

5 ROSEUM CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 5 ROSEUM 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 ROSEUM 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 ROSEUM CLOSE?

5 ROSEUM CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 5 on ROSEUM CLOSE.