11, CHESTNUT CLOSE, NOCTON, LINCOLN, LN4 2DJ - £283,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 CHESTNUT CLOSE is a small detached house of 114m², built sometime from 2007 onwards, which could now be worth an estimated £311,008. It was last sold for £283,000 in December 2020, which was around 6% above the average December 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

11 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 11 CHESTNUT 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 North Kesteven local authority area for the corresponding sale date. Both of the two 11 CHESTNUT 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
2020 4 DEC	£283,000	£268,109	6% above HPI
2009 9 DEC	£190,000	£179,137	6% above HPI

11 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 11 CHESTNUT CLOSE sales from December 2009 and December 2020 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 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2020 sale, which was also at 6% above the HPI.

What might 11 CHESTNUT CLOSE be worth now?

11 CHESTNUT CLOSE might now be worth an estimated £311,008.

This is based on house price inflation of 9.9%, between December 2020 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.9% inflationary increase is applied to the most recent sale price for 11 CHESTNUT CLOSE of £283,000 on 4th December 2020. For the value to have increased from £283,000 to £311,008 over the four years to December 2024, the following assumptions must hold true:

• The value of 11 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2020 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 11 CHESTNUT CLOSE has not materially changed since December 2020.

How Large is 11 CHESTNUT CLOSE?

11 CHESTNUT CLOSE is 114m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses houses in Nocton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nocton, and where 11 CHESTNUT CLOSE lies on this distribution: 29% of detached houses houses are smaller than 11 CHESTNUT CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Nocton.

11 CHESTNUT CLOSE: Plot and Title Map

11 CHESTNUT CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 11 CHESTNUT 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 11 CHESTNUT 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 11 CHESTNUT CLOSE?

11 CHESTNUT CLOSE is located in NOCTON, in the LN4 postcode district. The below map shows the position of No. 11 on CHESTNUT CLOSE.