18, SWANHOLME CLOSE, LINCOLN, LN6 3DE - £225,000

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.

18 SWANHOLME CLOSE is a large detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £378,571. It was last sold for £225,000 in June 2011, which was around 25% above the average June 2011 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

18 SWANHOLME CLOSE Sold Prices

Land registry data shows three sales for 18 SWANHOLME CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 18 SWANHOLME 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
2011 20 JUN	£225,000	£179,328	25% above HPI
1998 25 SEP	£92,950	£68,289	36% above HPI
1997 31 JAN	£91,000	£64,835	40% above HPI

18 SWANHOLME 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 three 18 SWANHOLME CLOSE sales between January 1997 and June 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 September 1998 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2011 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 18 SWANHOLME CLOSE be worth now?

18 SWANHOLME CLOSE might now be worth an estimated £378,571.

This is based on house price inflation of 68.3%, between June 2011 and March 2025, for 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 68.3% inflationary increase is applied to the most recent sale price for 18 SWANHOLME CLOSE of £225,000 on 20th June 2011. For the value to have increased from £225,000 to £378,571 over the fourteen years and three months to March 2025, the following assumptions must hold true:

• The value of 18 SWANHOLME CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The June 2011 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SWANHOLME CLOSE has not materially changed since June 2011.

How Large is 18 SWANHOLME CLOSE?

18 SWANHOLME CLOSE is 115m² according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 18 SWANHOLME CLOSE lies on this distribution: 64% of detached houses houses are smaller than 18 SWANHOLME CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

18 SWANHOLME CLOSE: Plot and Title Map

18 SWANHOLME CLOSE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 18 SWANHOLME 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 18 SWANHOLME 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 18 SWANHOLME CLOSE?

18 SWANHOLME CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 18 on SWANHOLME CLOSE.