2, BURNESIDE CLOSE, LINCOLN, LN2 4XA - £255,000

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.

2 BURNESIDE CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £257,118. It was last sold for £255,000 in August 2023, which was around 16% below the average August 2023 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

2 BURNESIDE CLOSE Sold Prices

Land registry data shows three sales for 2 BURNESIDE 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 2 BURNESIDE 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
2023 4 AUG	£255,000	£305,047	16% below HPI
2016 15 JUN	£190,000	£218,984	13% below HPI
2000 17 NOV	£74,750	£81,357	8% below HPI

2 BURNESIDE 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 2 BURNESIDE CLOSE sales between November 2000 and August 2023 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 June 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 BURNESIDE CLOSE be worth now?

2 BURNESIDE CLOSE might now be worth an estimated £257,118.

This is based on house price inflation of 0.8%, between August 2023 and June 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 0.8% inflationary increase is applied to the most recent sale price for 2 BURNESIDE CLOSE of £255,000 on 4th August 2023. For the value to have increased from £255,000 to £257,118 over the two years and two months to June 2025, the following assumptions must hold true:

• The value of 2 BURNESIDE CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The August 2023 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BURNESIDE CLOSE has not materially changed since August 2023.

How Large is 2 BURNESIDE CLOSE?

2 BURNESIDE CLOSE is 67m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% 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 2 BURNESIDE CLOSE lies on this distribution: 11% of detached houses houses are smaller than 2 BURNESIDE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 BURNESIDE CLOSE: Plot and Title Map

2 BURNESIDE CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 2 BURNESIDE 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 2 BURNESIDE 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 2 BURNESIDE CLOSE?

2 BURNESIDE CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 2 on BURNESIDE CLOSE.