1, LELAND CLOSE, LINCOLN, LN2 4WF - £225,000

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.

1 LELAND CLOSE is a very large detached house of 149m², built sometime between 2003 and 2006, which could now be worth an estimated £301,622. It was last sold for £225,000 in February 2017, which was about the average February 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

1 LELAND CLOSE Sold Prices

Land registry data shows two sales for 1 LELAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. One of the two 1 LELAND CLOSE sales was roughly equal to the average price, whilst the other was 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
2017 10 FEB	£225,000	£224,210	Close to HPI
2003 29 APR	£156,995	£136,642	15% above HPI

1 LELAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 1 LELAND CLOSE sales from April 2003 and February 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 LELAND CLOSE be worth now?

1 LELAND CLOSE might now be worth an estimated £301,622.

This is based on house price inflation of 34.1%, between February 2017 and February 2025, 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 34.1% inflationary increase is applied to the most recent sale price for 1 LELAND CLOSE of £225,000 on 10th February 2017. For the value to have increased from £225,000 to £301,622 over the eight years to February 2025, the following assumptions must hold true:

• The value of 1 LELAND CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The February 2017 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LELAND CLOSE has not materially changed since February 2017.

How Large is 1 LELAND CLOSE?

1 LELAND CLOSE is 149m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 1 LELAND CLOSE lies on this distribution: 86% of detached houses houses are smaller than 1 LELAND CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 LELAND CLOSE: Plot and Title Map

1 LELAND CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 1 LELAND CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 LELAND CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 LELAND CLOSE?

1 LELAND CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 1 on LELAND CLOSE.