8, CARN CLOSE, LINCOLN, LN5 9AX - £55,000

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.

8 CARN CLOSE is a small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £242,256. It was last sold for £55,000 in March 1999, which was around 21% below the average March 1999 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

8 CARN CLOSE Sold Prices

Land registry data shows two sales for 8 CARN 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 Lincoln local authority area for the corresponding sale date. Both of the two 8 CARN 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
1999 29 MAR	£55,000	£70,000	21% below HPI
1995 25 MAY	£40,750	£59,561	32% below HPI

8 CARN 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 two 8 CARN CLOSE sales from May 1995 and March 1999 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 May 1995 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 1999 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 8 CARN CLOSE be worth now?

8 CARN CLOSE might now be worth an estimated £242,256.

This is based on house price inflation of 340.5%, between March 1999 and April 2026, 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 340.5% inflationary increase is applied to the most recent sale price for 8 CARN CLOSE of £55,000 on 29th March 1999. For the value to have increased from £55,000 to £242,256 over the 26 years and eleven months to April 2026, the following assumptions must hold true:

• The value of 8 CARN CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The March 1999 sale price of £55,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CARN CLOSE has not materially changed since March 1999.

How Large is 8 CARN CLOSE?

8 CARN CLOSE is 83m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% 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 8 CARN CLOSE lies on this distribution: 29% of detached houses houses are smaller than 8 CARN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 CARN CLOSE: Plot and Title Map

8 CARN CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 8 CARN 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 CARN 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 CARN CLOSE?

8 CARN CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 8 on CARN CLOSE.