2, BOURNE CLOSE, LINCOLN, LN6 7DR - £51,000

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.

2 BOURNE CLOSE is a semi-detached house, which could now be worth an estimated £166,129. It was last sold for £51,000 in May 2002, which was around 20% below the average May 2002 semi-detached price in the Lincoln local authority area.

2 BOURNE CLOSE Sold Prices

Land registry data shows one sale for 2 BOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 1 MAY	£51,000	£63,784	20% below HPI

What might 2 BOURNE CLOSE be worth now?

2 BOURNE CLOSE might now be worth an estimated £166,129.

This is based on house price inflation of 225.7%, between May 2002 and May 2026, 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 225.7% inflationary increase is applied to the most recent sale price for 2 BOURNE CLOSE of £51,000 on 1st May 2002. For the value to have increased from £51,000 to £166,129 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 2 BOURNE CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The May 2002 sale price of £51,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BOURNE CLOSE has not materially changed since May 2002.

Where is 2 BOURNE CLOSE?

2 BOURNE CLOSE is located in LINCOLN, in the LN6 postcode district.