7, MALVERN CLOSE, LINCOLN, LN5 8SU - £165,000

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.

7 MALVERN CLOSE is a small extended semi-detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £198,114. It was last sold for £165,000 in December 2020, which was around 3% below the average December 2020 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

7 MALVERN CLOSE Sold Prices

Land registry data shows five sales for 7 MALVERN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. Most of the five 7 MALVERN CLOSE sales were for above 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 4 DEC	£165,000	£170,854	3% below HPI
2013 28 NOV	£133,500	£124,764	7% above HPI
2013 14 FEB	£132,000	£115,127	15% above HPI
2001 18 MAY	£48,500	£50,941	5% below HPI
1995 1 MAR	£40,000	£37,002	8% above HPI

7 MALVERN 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 five 7 MALVERN CLOSE sales between March 1995 and December 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 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 7 MALVERN CLOSE be worth now?

7 MALVERN CLOSE might now be worth an estimated £198,114.

This is based on house price inflation of 20.1%, between December 2020 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 20.1% inflationary increase is applied to the most recent sale price for 7 MALVERN CLOSE of £165,000 on 4th December 2020. For the value to have increased from £165,000 to £198,114 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 7 MALVERN CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The December 2020 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MALVERN CLOSE has not materially changed since December 2020.

How Large is 7 MALVERN CLOSE?

7 MALVERN CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 40% 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 7 MALVERN CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 7 MALVERN CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

7 MALVERN CLOSE: Plot and Title Map

7 MALVERN CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 7 MALVERN 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 7 MALVERN 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 7 MALVERN CLOSE?

7 MALVERN CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 7 on MALVERN CLOSE.