1, MUIRFIELD CLOSE, LINCOLN, LN6 0FR - £180,000

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 MUIRFIELD CLOSE is a small extended detached house of 88m², built sometime between 2003 and 2006, which could now be worth an estimated £237,735. It was last sold for £180,000 in December 2016, which was around 21% below the average December 2016 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

1 MUIRFIELD CLOSE Sold Prices

Land registry data shows two sales for 1 MUIRFIELD 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. Both of the two 1 MUIRFIELD CLOSE sales were for below 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
2016 16 DEC	£180,000	£227,570	21% below HPI
2005 22 DEC	£167,500	£179,891	7% below HPI

1 MUIRFIELD 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 MUIRFIELD CLOSE sales from December 2005 and December 2016 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 December 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 MUIRFIELD CLOSE be worth now?

1 MUIRFIELD CLOSE might now be worth an estimated £237,735.

This is based on house price inflation of 32.1%, between December 2016 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 32.1% inflationary increase is applied to the most recent sale price for 1 MUIRFIELD CLOSE of £180,000 on 16th December 2016. For the value to have increased from £180,000 to £237,735 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 MUIRFIELD CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The December 2016 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MUIRFIELD CLOSE has not materially changed since December 2016.

How Large is 1 MUIRFIELD CLOSE?

1 MUIRFIELD CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% 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 MUIRFIELD CLOSE lies on this distribution: 36% of detached houses houses are smaller than 1 MUIRFIELD CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 MUIRFIELD CLOSE: Plot and Title Map

1 MUIRFIELD CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 1 MUIRFIELD 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 MUIRFIELD 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 MUIRFIELD CLOSE?

1 MUIRFIELD CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 1 on MUIRFIELD CLOSE.