5, BARRONS CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4GB - £245,000

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.

5 BARRONS CLOSE is a detached house, which could now be worth an estimated £370,867. It was last sold for £245,000 in June 2007, which was around 30% above the average June 2007 detached price in the West Lindsey local authority area.

5 BARRONS CLOSE Sold Prices

Land registry data shows three sales for 5 BARRONS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 5 BARRONS 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
2007 14 JUN	£245,000	£188,580	30% above HPI
2003 7 OCT	£179,950	£149,607	20% above HPI
2001 11 APR	£98,500	£83,000	19% above HPI

What might 5 BARRONS CLOSE be worth now?

5 BARRONS CLOSE might now be worth an estimated £370,867.

This is based on house price inflation of 51.4%, between June 2007 and May 2026, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.4% inflationary increase is applied to the most recent sale price for 5 BARRONS CLOSE of £245,000 on 14th June 2007. For the value to have increased from £245,000 to £370,867 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 5 BARRONS CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2007 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BARRONS CLOSE has not materially changed since June 2007.

Where is 5 BARRONS CLOSE?

5 BARRONS CLOSE is located in CHERRY WILLINGHAM, in the LN3 postcode district.