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
16 RAILWAY PARK CLOSE is a very small semi-detached house of 54m², built sometime between 1991 and 1995. It was last sold for £150,500 in December 2017, which was around 2% below the average December 2017 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 16 RAILWAY PARK CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 16 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 |
---|---|---|---|
2017 20 DEC | £150,500 | £152,929 | ![]() 2% below HPI |
2005 2 SEP | £108,500 | £118,078 | ![]() 8% below HPI |
The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 16 RAILWAY PARK CLOSE sales from September 2005 and December 2017 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 September 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
16 RAILWAY PARK CLOSE might now be worth an estimated £198,291.
This is based on house price inflation of 31.8%, between December 2017 and December 2024, 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 31.8% inflationary increase is applied to the most recent sale price for 16 RAILWAY PARK CLOSE of £150,500 on 20th December 2017. For the value to have increased from £150,500 to £198,291 over the seven years to December 2024, the following assumptions must hold true:
16 RAILWAY PARK CLOSE is 54m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% 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 16 RAILWAY PARK CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 16 RAILWAY PARK CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
16 RAILWAY PARK CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 16 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 16 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.
16 RAILWAY PARK CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 16 on RAILWAY PARK CLOSE.
Most recent sales first: