15, LINCOLN CLOSE, HEREFORD, HR1 1RX - £312,000

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 LINCOLN CLOSE is a very large extended detached house of 180m², built sometime between 1967 and 1975, which could now be worth an estimated £510,122. It was last sold for £312,000 in December 2011, which was around 15% above the average December 2011 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

15 LINCOLN CLOSE Sold Prices

Land registry data shows two sales for 15 LINCOLN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. One of the two 15 LINCOLN CLOSE sales was for above the average price, whilst the other was 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
2011 16 DEC	£312,000	£270,910	15% above HPI
2006 9 AUG	£235,000	£268,941	13% below HPI

15 LINCOLN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 15 LINCOLN CLOSE sales from August 2006 and December 2011 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 August 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2011 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 15 LINCOLN CLOSE be worth now?

15 LINCOLN CLOSE might now be worth an estimated £510,122.

This is based on house price inflation of 63.5%, between December 2011 and February 2025, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.5% inflationary increase is applied to the most recent sale price for 15 LINCOLN CLOSE of £312,000 on 16th December 2011. For the value to have increased from £312,000 to £510,122 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 LINCOLN CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The December 2011 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LINCOLN CLOSE has not materially changed since December 2011.

How Large is 15 LINCOLN CLOSE?

15 LINCOLN CLOSE is 180m², which includes two extensions, according to the EPC inspection conducted in October 2011. This puts it in the largest 10% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 15 LINCOLN CLOSE lies on this distribution: 91% of detached houses houses are smaller than 15 LINCOLN CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Hereford.

15 LINCOLN CLOSE: Plot and Title Map

15 LINCOLN CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 15 LINCOLN 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 LINCOLN 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 LINCOLN CLOSE?

15 LINCOLN CLOSE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 15 on LINCOLN CLOSE.