1, MIDIA CLOSE, LINCOLN, LN1 1AR - £219,500

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 MIDIA CLOSE is a large detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £328,427. It was last sold for £219,500 in December 2014, which was around 7% above the average December 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

1 MIDIA CLOSE Sold Prices

Land registry data shows three sales for 1 MIDIA 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 Lincoln local authority area for the corresponding sale date. All of the three 1 MIDIA 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
2014 8 DEC	£219,500	£205,568	7% above HPI
2005 26 AUG	£220,000	£180,501	22% above HPI
2001 30 NOV	£123,950	£96,877	28% above HPI

1 MIDIA 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 three 1 MIDIA CLOSE sales between November 2001 and December 2014 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 August 2005 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2014 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 MIDIA CLOSE be worth now?

1 MIDIA CLOSE might now be worth an estimated £328,427.

This is based on house price inflation of 49.6%, between December 2014 and June 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 49.6% inflationary increase is applied to the most recent sale price for 1 MIDIA CLOSE of £219,500 on 8th December 2014. For the value to have increased from £219,500 to £328,427 over the eleven years and six months to June 2025, the following assumptions must hold true:

• The value of 1 MIDIA CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The December 2014 sale price of £219,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MIDIA CLOSE has not materially changed since December 2014.

How Large is 1 MIDIA CLOSE?

1 MIDIA CLOSE is 121m² according to the EPC inspection conducted in April 2014. This puts it in the largest 30% 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 MIDIA CLOSE lies on this distribution: 70% of detached houses houses are smaller than 1 MIDIA CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 MIDIA CLOSE: Plot and Title Map

1 MIDIA CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 1 MIDIA 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 MIDIA 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 MIDIA CLOSE?

1 MIDIA CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 1 on MIDIA CLOSE.