15, BANGOR CLOSE, LINCOLN, LN5 8TH - £132,500

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.

15 BANGOR CLOSE is a small extended semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £190,940. It was last sold for £132,500 in November 2015, which was around 6% below the average November 2015 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

15 BANGOR CLOSE Sold Prices

Land registry data shows three sales for 15 BANGOR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. All of the three 15 BANGOR 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
2015 13 NOV	£132,500	£140,495	6% below HPI
2004 2 JUL	£104,000	£110,073	6% below HPI
2001 5 OCT	£54,500	£55,372	2% below HPI

15 BANGOR 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 three 15 BANGOR CLOSE sales between October 2001 and November 2015 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 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2015 sale, which was also at 6% below the HPI.

What might 15 BANGOR CLOSE be worth now?

15 BANGOR CLOSE might now be worth an estimated £190,940.

This is based on house price inflation of 44.1%, between November 2015 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 44.1% inflationary increase is applied to the most recent sale price for 15 BANGOR CLOSE of £132,500 on 13th November 2015. For the value to have increased from £132,500 to £190,940 over the ten years and eight months to March 2025, the following assumptions must hold true:

• The value of 15 BANGOR CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The November 2015 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 15 BANGOR CLOSE has not materially changed since November 2015.

How Large is 15 BANGOR CLOSE?

15 BANGOR CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% 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 15 BANGOR CLOSE lies on this distribution: 22% of semi-detached houses houses are smaller than 15 BANGOR CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

15 BANGOR CLOSE: Plot and Title Map

15 BANGOR CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 15 BANGOR 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 15 BANGOR 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 15 BANGOR CLOSE?

15 BANGOR CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 15 on BANGOR CLOSE.