4, CHAPTER CLOSE, LINCOLN, LN6 8DH - £157,000

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.

4 CHAPTER CLOSE is a midsized flat of 60m², built in 2014, which could now be worth an estimated £152,352. It was last sold for £157,000 in August 2022, which was around 42% above the average August 2022 flat price in the Lincoln local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was B.

4 CHAPTER CLOSE Sold Prices

Land registry data shows three sales for 4 CHAPTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Lincoln local authority area for the corresponding sale date. All of the three 4 CHAPTER 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
2022 12 AUG	£157,000	£110,465	42% above HPI
2022 21 MAR	£155,000	£109,095	42% above HPI
2015 21 DEC	£139,000	£85,936	62% above HPI

What might 4 CHAPTER CLOSE be worth now?

4 CHAPTER CLOSE might now be worth an estimated £152,352.

This is based on house price deflation of 3%, between August 2022 and May 2026, for flats, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% deflationary decrease is applied to the most recent sale price for 4 CHAPTER CLOSE of £157,000 on 12th August 2022. For the value to have decreased from £157,000 to £152,352 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 4 CHAPTER CLOSE has moved in line with the HPI for flats in the Lincoln local authority area.
• The August 2022 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHAPTER CLOSE has not materially changed since August 2022.

How Large is 4 CHAPTER CLOSE?

4 CHAPTER CLOSE is 60m² according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of flats in Lincoln, based on EPC data. 54% of flats are smaller than 4 CHAPTER CLOSE, and 43% of flats are larger. Note that EPC data is not available for all properties in Lincoln.

4 CHAPTER CLOSE: Plot

4 CHAPTER CLOSE sits on a plot of roughly 0.028 of an acre, or 113m².

Where is 4 CHAPTER CLOSE?

4 CHAPTER CLOSE is located in LINCOLN, in the LN6 postcode district.