8, BROUGH CLOSE, LINCOLN, LN6 0NX - £129,500

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.

8 BROUGH CLOSE is a very small semi-detached house of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £170,714. It was last sold for £129,500 in November 2017, which was around 15% below the average November 2017 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

8 BROUGH CLOSE Sold Prices

Land registry data shows six sales for 8 BROUGH CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. All of the six 8 BROUGH 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
2017 24 NOV	£129,500	£151,886	15% below HPI
2008 31 JAN	£103,000	£129,281	20% below HPI
2003 17 DEC	£79,995	£97,833	18% below HPI
2002 14 JUN	£59,000	£65,876	10% below HPI
2001 2 MAR	£37,500	£48,843	23% below HPI
1999 28 JUN	£33,950	£43,135	21% below HPI

8 BROUGH 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 six 8 BROUGH CLOSE sales between June 1999 and November 2017 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 January 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 8 BROUGH CLOSE be worth now?

8 BROUGH CLOSE might now be worth an estimated £170,714.

This is based on house price inflation of 31.8%, between November 2017 and February 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 31.8% inflationary increase is applied to the most recent sale price for 8 BROUGH CLOSE of £129,500 on 24th November 2017. For the value to have increased from £129,500 to £170,714 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 BROUGH CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The November 2017 sale price of £129,500 represented a fair market value for the property.
• The size, condition, and specification of 8 BROUGH CLOSE has not materially changed since November 2017.

How Large is 8 BROUGH CLOSE?

8 BROUGH CLOSE is 41m² according to the EPC inspection conducted in June 2017. 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 8 BROUGH CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 8 BROUGH CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 BROUGH CLOSE: Plot and Title Map

8 BROUGH CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 8 BROUGH 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 8 BROUGH 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 8 BROUGH CLOSE?

8 BROUGH CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 8 on BROUGH CLOSE.