5, BISHOP CLOSE, DUNHOLME, LINCOLN, LN2 3US - £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 BISHOP CLOSE is a detached house, which could now be worth an estimated £393,013. It was last sold for £245,000 in August 2006, which was around 38% above the average August 2006 detached price in the West Lindsey local authority area.

5 BISHOP CLOSE Sold Prices

Land registry data shows three sales for 5 BISHOP 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 BISHOP 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
2006 31 AUG	£245,000	£177,954	38% above HPI
2003 25 APR	£218,000	£139,642	56% above HPI
2002 1 MAR	£142,000	£100,416	41% above HPI

What might 5 BISHOP CLOSE be worth now?

5 BISHOP CLOSE might now be worth an estimated £393,013.

This is based on house price inflation of 60.4%, between August 2006 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 60.4% inflationary increase is applied to the most recent sale price for 5 BISHOP CLOSE of £245,000 on 31st August 2006. For the value to have increased from £245,000 to £393,013 over the twenty years and three months to May 2026, the following assumptions must hold true:

• The value of 5 BISHOP CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2006 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BISHOP CLOSE has not materially changed since August 2006.

Where is 5 BISHOP CLOSE?

5 BISHOP CLOSE is located in DUNHOLME, in the LN2 postcode district.