10, LACY CLOSE, NETTLEHAM, LINCOLN, LN2 2WF - £183,500

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.

10 LACY CLOSE is a very small semi-detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £264,319. It was last sold for £183,500 in March 2017, which was around 42% above the average March 2017 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

10 LACY CLOSE Sold Prices

Land registry data shows three sales for 10 LACY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 10 LACY 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
2017 31 MAR	£183,500	£129,602	42% above HPI
2015 27 AUG	£176,000	£127,011	39% above HPI
1996 2 AUG	£52,950	£37,564	41% above HPI

10 LACY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 10 LACY CLOSE sales between August 1996 and March 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 August 2015 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2017 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 10 LACY CLOSE be worth now?

10 LACY CLOSE might now be worth an estimated £264,319.

This is based on house price inflation of 44%, between March 2017 and February 2025, for semi-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 44% inflationary increase is applied to the most recent sale price for 10 LACY CLOSE of £183,500 on 31st March 2017. For the value to have increased from £183,500 to £264,319 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 10 LACY CLOSE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The March 2017 sale price of £183,500 represented a fair market value for the property.
• The size, condition, and specification of 10 LACY CLOSE has not materially changed since March 2017.

How Large is 10 LACY CLOSE?

10 LACY CLOSE is 68m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of semi-detached houses houses in Nettleham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nettleham, and where 10 LACY CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 10 LACY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

10 LACY CLOSE: Plot and Title Map

10 LACY CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 10 LACY 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 10 LACY 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 10 LACY CLOSE?

10 LACY CLOSE is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 10 on LACY CLOSE.