13, CHELSEA CLOSE, LINCOLN, LN6 0XF - £500,000

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

13 CHELSEA CLOSE is a very large extended detached house of 142m², built sometime between 1983 and 1990. It was last sold for £500,000 in November 2022, which was around 62% above the average November 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

13 CHELSEA CLOSE Sold Prices

Land registry data shows three sales for 13 CHELSEA 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 13 CHELSEA 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
2022 7 NOV	£500,000	£307,988	62% above HPI
2016 21 SEP	£312,500	£229,854	36% above HPI
2000 4 JAN	£98,000	£72,764	35% above HPI

13 CHELSEA 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 13 CHELSEA CLOSE sales between January 2000 and November 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 September 2016 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2022 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 13 CHELSEA CLOSE be worth now?

13 CHELSEA CLOSE might now be worth an estimated £490,399.

This is based on house price deflation of 1.9%, between November 2022 and December 2024, 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 1.9% deflationary decrease is applied to the most recent sale price for 13 CHELSEA CLOSE of £500,000 on 7th November 2022. For the value to have decreased from £500,000 to £490,399 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 13 CHELSEA CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The November 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 13 CHELSEA CLOSE has not materially changed since November 2022.

How Large is 13 CHELSEA CLOSE?

13 CHELSEA CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 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 13 CHELSEA CLOSE lies on this distribution: 82% of detached houses houses are smaller than 13 CHELSEA CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

13 CHELSEA CLOSE: Plot and Title Map

13 CHELSEA CLOSE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 13 CHELSEA 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 13 CHELSEA 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 13 CHELSEA CLOSE?

13 CHELSEA CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 13 on CHELSEA CLOSE.