11, MARIGOLD CLOSE, LINCOLN, LN2 4SZ - £190,000

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 MARIGOLD CLOSE is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £215,176. It was last sold for £190,000 in February 2021, which was around 28% below the average February 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

11 MARIGOLD CLOSE Sold Prices

Land registry data shows two sales for 11 MARIGOLD 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 11 MARIGOLD 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
2021 2 FEB	£190,000	£265,396	28% below HPI
1996 26 NOV	£52,000	£64,203	19% below HPI

11 MARIGOLD 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 11 MARIGOLD CLOSE sales from November 1996 and February 2021 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 November 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 MARIGOLD CLOSE be worth now?

11 MARIGOLD CLOSE might now be worth an estimated £215,176.

This is based on house price inflation of 13.3%, between February 2021 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 13.3% inflationary increase is applied to the most recent sale price for 11 MARIGOLD CLOSE of £190,000 on 2nd February 2021. For the value to have increased from £190,000 to £215,176 over the four years to February 2025, the following assumptions must hold true:

• The value of 11 MARIGOLD CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The February 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MARIGOLD CLOSE has not materially changed since February 2021.

How Large is 11 MARIGOLD CLOSE?

11 MARIGOLD CLOSE is 68m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% 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 MARIGOLD CLOSE lies on this distribution: 12% of detached houses houses are smaller than 11 MARIGOLD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

11 MARIGOLD CLOSE: Plot and Title Map

11 MARIGOLD CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 11 MARIGOLD 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 MARIGOLD 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 MARIGOLD CLOSE?

11 MARIGOLD CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 11 on MARIGOLD CLOSE.