15, CHESTER CLOSE, WASHINGBOROUGH, LINCOLN, LN4 1SH - £185,000

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 CHESTER CLOSE is a very small terraced house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £176,006. It was last sold for £185,000 in September 2022, which was around 7% above the average September 2022 terraced price in the North Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

15 CHESTER CLOSE Sold Prices

Land registry data shows two sales for 15 CHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. Both of the two 15 CHESTER 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 9 SEP	£185,000	£173,644	7% above HPI
1997 29 APR	£39,500	£32,282	22% above HPI

15 CHESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The two 15 CHESTER CLOSE sales from April 1997 and September 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 April 1997 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 15 CHESTER CLOSE be worth now?

15 CHESTER CLOSE might now be worth an estimated £176,006.

This is based on house price deflation of 4.9%, between September 2022 and July 2025, for terraced houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.9% deflationary decrease is applied to the most recent sale price for 15 CHESTER CLOSE of £185,000 on 9th September 2022. For the value to have decreased from £185,000 to £176,006 over the three years and two months to July 2025, the following assumptions must hold true:

• The value of 15 CHESTER CLOSE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The September 2022 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHESTER CLOSE has not materially changed since September 2022.

How Large is 15 CHESTER CLOSE?

15 CHESTER CLOSE is 78m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of terraced houses houses in Washingborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Washingborough, and where 15 CHESTER CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 15 CHESTER CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

15 CHESTER CLOSE: Plot and Title Map

15 CHESTER CLOSE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 15 CHESTER 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 CHESTER 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 CHESTER CLOSE?

15 CHESTER CLOSE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 15 on CHESTER CLOSE.