8, LIME TREE CLOSE, LINCOLN, LN6 0RT - £260,000

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 LIME TREE CLOSE is a small extended semi-detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £285,405. It was last sold for £260,000 in September 2021, which was around 41% above the average September 2021 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was B.

8 LIME TREE CLOSE Sold Prices

Land registry data shows five sales for 8 LIME TREE 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 8 LIME TREE 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
2021 30 SEP	£260,000	£184,439	41% above HPI
2007 15 JUN	£143,500	£130,074	10% above HPI
2004 11 JUN	£133,500	£109,774	22% above HPI
2003 23 SEP	£95,000	£95,529	1% below HPI
1997 19 NOV	£58,850	£39,830	48% above HPI

8 LIME TREE 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 8 LIME TREE CLOSE sales between November 1997 and September 2021 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 June 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2021 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 8 LIME TREE CLOSE be worth now?

8 LIME TREE CLOSE might now be worth an estimated £285,405.

This is based on house price inflation of 9.8%, between September 2021 and March 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 9.8% inflationary increase is applied to the most recent sale price for 8 LIME TREE CLOSE of £260,000 on 30th September 2021. For the value to have increased from £260,000 to £285,405 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 8 LIME TREE CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The September 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LIME TREE CLOSE has not materially changed since September 2021.

How Large is 8 LIME TREE CLOSE?

8 LIME TREE CLOSE is 88m², which includes two extensions, according to the EPC inspection conducted in July 2021. 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 8 LIME TREE CLOSE lies on this distribution: 35% of semi-detached houses houses are smaller than 8 LIME TREE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 LIME TREE CLOSE: Plot and Title Map

8 LIME TREE CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 8 LIME TREE 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 LIME TREE 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 LIME TREE CLOSE?

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