20, SOMERSBY CLOSE, LINCOLN, LN6 8AF - £195,000

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

20 SOMERSBY CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £195,000 in June 2024, which was around 33% below the average June 2024 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

20 SOMERSBY CLOSE Sold Prices

Land registry data shows two sales for 20 SOMERSBY 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 20 SOMERSBY 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
2024 6 JUN	£195,000	£289,300	33% below HPI
2007 7 JUN	£166,000	£196,664	16% below HPI

20 SOMERSBY 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 20 SOMERSBY CLOSE sales from June 2007 and June 2024 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2024 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 20 SOMERSBY CLOSE be worth now?

20 SOMERSBY CLOSE might now be worth an estimated £203,610.

This is based on house price inflation of 4.4%, between June 2024 and December 2024, 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 4.4% inflationary increase is applied to the most recent sale price for 20 SOMERSBY CLOSE of £195,000 on 6th June 2024. For the value to have increased from £195,000 to £203,610 over the six months to December 2024, the following assumptions must hold true:

• The value of 20 SOMERSBY CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The June 2024 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 20 SOMERSBY CLOSE has not materially changed since June 2024.

How Large is 20 SOMERSBY CLOSE?

20 SOMERSBY CLOSE is 67m² according to the EPC inspection conducted in April 2024. 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 20 SOMERSBY CLOSE lies on this distribution: 11% of detached houses houses are smaller than 20 SOMERSBY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

20 SOMERSBY CLOSE: Plot and Title Map

20 SOMERSBY CLOSE sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 20 SOMERSBY 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 20 SOMERSBY 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 20 SOMERSBY CLOSE?

20 SOMERSBY CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 20 on SOMERSBY CLOSE.