10, LURGAN CLOSE, LINCOLN, LN5 8SZ - £131,000

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.

10 LURGAN CLOSE is a very small semi-detached house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £175,239. It was last sold for £131,000 in October 2016, which was around 12% below the average October 2016 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

10 LURGAN CLOSE Sold Prices

Land registry data shows three sales for 10 LURGAN 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 Lincoln local authority area for the corresponding sale date. Two of the three 10 LURGAN CLOSE sales were for below the average price, whilst one 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
2016 13 OCT	£131,000	£149,678	12% below HPI
1999 4 SEP	£49,000	£43,023	14% above HPI
1997 28 FEB	£35,000	£39,350	11% below HPI

10 LURGAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 10 LURGAN CLOSE sales between February 1997 and October 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 September 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 10 LURGAN CLOSE be worth now?

10 LURGAN CLOSE might now be worth an estimated £175,239.

This is based on house price inflation of 33.8%, between October 2016 and February 2025, for semi-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 33.8% inflationary increase is applied to the most recent sale price for 10 LURGAN CLOSE of £131,000 on 13th October 2016. For the value to have increased from £131,000 to £175,239 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 10 LURGAN CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The October 2016 sale price of £131,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LURGAN CLOSE has not materially changed since October 2016.

How Large is 10 LURGAN CLOSE?

10 LURGAN CLOSE is 60m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 10 LURGAN CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 10 LURGAN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

10 LURGAN CLOSE: Plot and Title Map

10 LURGAN CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 10 LURGAN 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 LURGAN 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 LURGAN CLOSE?

10 LURGAN CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 10 on LURGAN CLOSE.