2, CHIPPENDALE CLOSE, LINCOLN, LN6 3PR - £138,000

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 CHIPPENDALE CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £246,433. It was last sold for £138,000 in October 2009, which was around 20% below the average October 2009 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

2 CHIPPENDALE CLOSE Sold Prices

Land registry data shows one sale for 2 CHIPPENDALE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2009 16 OCT	£138,000	£173,438	20% below HPI

What might 2 CHIPPENDALE CLOSE be worth now?

2 CHIPPENDALE CLOSE might now be worth an estimated £246,433.

This is based on house price inflation of 78.6%, between October 2009 and May 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 78.6% inflationary increase is applied to the most recent sale price for 2 CHIPPENDALE CLOSE of £138,000 on 16th October 2009. For the value to have increased from £138,000 to £246,433 over the seventeen years and five months to May 2026, the following assumptions must hold true:

• The value of 2 CHIPPENDALE CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The October 2009 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHIPPENDALE CLOSE has not materially changed since October 2009.

How Large is 2 CHIPPENDALE CLOSE?

2 CHIPPENDALE CLOSE is 75m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 2 CHIPPENDALE CLOSE lies on this distribution: 20% of detached houses are smaller than 2 CHIPPENDALE CLOSE, and 80% of detached houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 CHIPPENDALE CLOSE: Plot

2 CHIPPENDALE CLOSE sits on a plot of roughly 0.098 of an acre, or 398m².

Where is 2 CHIPPENDALE CLOSE?

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