13, RAILWAY PARK CLOSE, LINCOLN, LN6 7AL - £142,500

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.

13 RAILWAY PARK CLOSE is a very small detached house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £147,695. It was last sold for £142,500 in December 2023, which was around 51% below the average December 2023 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

13 RAILWAY PARK CLOSE Sold Prices

Land registry data shows four sales for 13 RAILWAY PARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 13 RAILWAY PARK 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
2023 1 DEC	£142,500	£289,991	51% below HPI
2007 2 MAR	£119,000	£191,873	38% below HPI
1999 23 DEC	£41,000	£72,313	43% below HPI
1995 28 JUL	£36,950	£60,957	39% below HPI

13 RAILWAY PARK 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 four 13 RAILWAY PARK CLOSE sales between July 1995 and December 2023 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 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2023 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 13 RAILWAY PARK CLOSE be worth now?

13 RAILWAY PARK CLOSE might now be worth an estimated £147,695.

This is based on house price inflation of 3.6%, between December 2023 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 3.6% inflationary increase is applied to the most recent sale price for 13 RAILWAY PARK CLOSE of £142,500 on 1st December 2023. For the value to have increased from £142,500 to £147,695 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 13 RAILWAY PARK CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The December 2023 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 13 RAILWAY PARK CLOSE has not materially changed since December 2023.

How Large is 13 RAILWAY PARK CLOSE?

13 RAILWAY PARK CLOSE is 56m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% 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 RAILWAY PARK CLOSE lies on this distribution: 4% of detached houses houses are smaller than 13 RAILWAY PARK CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

13 RAILWAY PARK CLOSE: Plot and Title Map

13 RAILWAY PARK CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 13 RAILWAY PARK 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 RAILWAY PARK 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 RAILWAY PARK CLOSE?

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