14, PULLAN CLOSE, LINCOLN, LN5 8TA - £220,000

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

14 PULLAN CLOSE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £220,000 in August 2024, which was around 23% below the average August 2024 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

14 PULLAN CLOSE Sold Prices

Land registry data shows three sales for 14 PULLAN 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 14 PULLAN 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
2024 8 AUG	£220,000	£286,589	23% below HPI
2020 8 JUN	£190,000	£261,172	27% below HPI
2017 31 AUG	£126,000	£231,881	46% below HPI

14 PULLAN 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 14 PULLAN CLOSE sales between August 2017 and August 2024 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 June 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2024 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 14 PULLAN CLOSE be worth now?

14 PULLAN CLOSE might now be worth an estimated £231,887.

This is based on house price inflation of 5.4%, between August 2024 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 5.4% inflationary increase is applied to the most recent sale price for 14 PULLAN CLOSE of £220,000 on 8th August 2024. For the value to have increased from £220,000 to £231,887 over the eight months to December 2024, the following assumptions must hold true:

• The value of 14 PULLAN CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The August 2024 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PULLAN CLOSE has not materially changed since August 2024.

How Large is 14 PULLAN CLOSE?

14 PULLAN CLOSE is 63m² according to the EPC inspection conducted in May 2017. 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 14 PULLAN CLOSE lies on this distribution: 8% of detached houses houses are smaller than 14 PULLAN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

14 PULLAN CLOSE: Plot and Title Map

14 PULLAN CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 14 PULLAN 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 14 PULLAN 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 14 PULLAN CLOSE?

14 PULLAN CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 14 on PULLAN CLOSE.