12, ELVINGTON CLOSE, LINCOLN, LN6 0SZ - £156,000

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.

12 ELVINGTON CLOSE is a very small semi-detached house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £164,679. It was last sold for £156,000 in February 2022, which was around 19% below the average February 2022 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

12 ELVINGTON CLOSE Sold Prices

Land registry data shows two sales for 12 ELVINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 12 ELVINGTON 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
2022 11 FEB	£156,000	£191,791	19% below HPI
1998 3 JUL	£39,000	£41,499	6% below HPI

12 ELVINGTON 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 two 12 ELVINGTON CLOSE sales from July 1998 and February 2022 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 July 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 12 ELVINGTON CLOSE be worth now?

12 ELVINGTON CLOSE might now be worth an estimated £164,679.

This is based on house price inflation of 5.6%, between February 2022 and March 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 5.6% inflationary increase is applied to the most recent sale price for 12 ELVINGTON CLOSE of £156,000 on 11th February 2022. For the value to have increased from £156,000 to £164,679 over the two years and eleven months to March 2025, the following assumptions must hold true:

• The value of 12 ELVINGTON CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The February 2022 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELVINGTON CLOSE has not materially changed since February 2022.

How Large is 12 ELVINGTON CLOSE?

12 ELVINGTON CLOSE is 56m² according to the EPC inspection conducted in October 2021. 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 12 ELVINGTON CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 12 ELVINGTON CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

12 ELVINGTON CLOSE: Plot and Title Map

12 ELVINGTON CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 12 ELVINGTON 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 12 ELVINGTON 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 12 ELVINGTON CLOSE?

12 ELVINGTON CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 12 on ELVINGTON CLOSE.