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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). 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 64% 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	£304,136	64% above HPI
2016 21 SEP	£312,500	£226,979	38% above HPI
2000 4 JAN	£98,000	£71,854	36% 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 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2022 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

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 in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 13 CHELSEA CLOSE lies on this distribution: 83% of detached 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 0.141 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.