2, CARRAM CLOSE, LINCOLN, LN1 1EP - £148,500

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 CARRAM CLOSE is a small semi-detached house of 85m², built sometime from 2007 onwards, which could now be worth an estimated £263,636. It was last sold for £148,500 in December 2011, which was around 32% above the average December 2011 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was March 2010, where the current energy rating was B, and the potential energy rating was B.

2 CARRAM CLOSE Sold Prices

Land registry data shows two sales for 2 CARRAM CLOSE since 1^st 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 2 CARRAM 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 16 DEC	£148,500	£112,782	32% above HPI
2008 16 MAY	£168,000	£125,803	34% above HPI

2 CARRAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 2 CARRAM CLOSE sales from May 2008 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 May 2008 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2011 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 2 CARRAM CLOSE be worth now?

2 CARRAM CLOSE might now be worth an estimated £263,636.

This is based on house price inflation of 77.5%, between December 2011 and February 2025, 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 77.5% inflationary increase is applied to the most recent sale price for 2 CARRAM CLOSE of £148,500 on 16th December 2011. For the value to have increased from £148,500 to £263,636 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 CARRAM CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The December 2011 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CARRAM CLOSE has not materially changed since December 2011.

How Large is 2 CARRAM CLOSE?

2 CARRAM CLOSE is 85m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% 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 2 CARRAM CLOSE lies on this distribution: 32% of semi-detached houses houses are smaller than 2 CARRAM CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 CARRAM CLOSE: Plot and Title Map

2 CARRAM CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 2 CARRAM 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 CARRAM 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 CARRAM CLOSE?

2 CARRAM CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 2 on CARRAM CLOSE.