16, WORCESTER CLOSE, LINCOLN, LN6 3LW - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 WORCESTER CLOSE is a large extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £250,000 in May 2014, which was around 25% above the average May 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

16 WORCESTER CLOSE Sold Prices

Land registry data shows two sales for 16 WORCESTER 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 Lincoln local authority area for the corresponding sale date. Both of the two 16 WORCESTER 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
2014 6 MAY	£250,000	£199,956	25% above HPI
2005 29 NOV	£200,000	£178,430	12% above HPI

16 WORCESTER 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 two 16 WORCESTER CLOSE sales from November 2005 and May 2014 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 November 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2014 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 16 WORCESTER CLOSE?

16 WORCESTER CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 16 WORCESTER CLOSE lies on this distribution: 64% of detached houses are smaller than 16 WORCESTER CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

16 WORCESTER CLOSE: Plot and Title Map

16 WORCESTER CLOSE sits on a plot of roughly 0.285 of an acre, or 1,154m². The below map shows the location of 16 WORCESTER 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 WORCESTER 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 16 WORCESTER CLOSE?

16 WORCESTER CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 16 on WORCESTER CLOSE.