11, MALHAM CLOSE, LINCOLN, LN6 0XE - £182,000

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.

11 MALHAM CLOSE is a small extended detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £260,079. It was last sold for £182,000 in July 2015, which was around 15% below the average July 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

11 MALHAM CLOSE Sold Prices

Land registry data shows three sales for 11 MALHAM 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 11 MALHAM 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
2015 3 JUL	£182,000	£215,241	15% below HPI
2011 11 MAR	£138,000	£176,399	22% below HPI
2007 30 NOV	£170,000	£197,127	14% below HPI

11 MALHAM 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 11 MALHAM CLOSE sales between November 2007 and July 2015 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 March 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 11 MALHAM CLOSE be worth now?

11 MALHAM CLOSE might now be worth an estimated £260,079.

This is based on house price inflation of 42.9%, between July 2015 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 42.9% inflationary increase is applied to the most recent sale price for 11 MALHAM CLOSE of £182,000 on 3rd July 2015. For the value to have increased from £182,000 to £260,079 over the ten years and one month to June 2025, the following assumptions must hold true:

• The value of 11 MALHAM CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The July 2015 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MALHAM CLOSE has not materially changed since July 2015.

How Large is 11 MALHAM CLOSE?

11 MALHAM CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in April 2015. 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 11 MALHAM CLOSE lies on this distribution: 39% of detached houses houses are smaller than 11 MALHAM CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

11 MALHAM CLOSE: Plot and Title Map

11 MALHAM CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 11 MALHAM 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 MALHAM 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 MALHAM CLOSE?

11 MALHAM CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 11 on MALHAM CLOSE.