21, FALKLANDS CLOSE, LINCOLN, LN1 3XH - £125,000

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

21 FALKLANDS CLOSE is a very small semi-detached house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £214,401. It was last sold for £125,000 in December 2012, which was around 6% above the average December 2012 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was B.

21 FALKLANDS CLOSE Sold Prices

Land registry data shows three sales for 21 FALKLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. One of the three 21 FALKLANDS CLOSE sales was for above the average price, whilst two 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
2012 10 DEC	£125,000	£117,473	6% above HPI
2007 16 FEB	£114,000	£126,324	10% below HPI
1998 9 OCT	£36,000	£40,910	12% below HPI

21 FALKLANDS 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 three 21 FALKLANDS CLOSE sales between October 1998 and December 2012 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 February 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2012 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 21 FALKLANDS CLOSE be worth now?

21 FALKLANDS CLOSE might now be worth an estimated £214,401.

This is based on house price inflation of 71.5%, between December 2012 and December 2024, 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 71.5% inflationary increase is applied to the most recent sale price for 21 FALKLANDS CLOSE of £125,000 on 10th December 2012. For the value to have increased from £125,000 to £214,401 over the twelve years to December 2024, the following assumptions must hold true:

• The value of 21 FALKLANDS CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The December 2012 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 21 FALKLANDS CLOSE has not materially changed since December 2012.

How Large is 21 FALKLANDS CLOSE?

21 FALKLANDS CLOSE is 59m² according to the EPC inspection conducted in October 2024. This puts it in the smallest 10% 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 21 FALKLANDS CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 21 FALKLANDS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

21 FALKLANDS CLOSE: Plot and Title Map

21 FALKLANDS CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 21 FALKLANDS 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 21 FALKLANDS 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 21 FALKLANDS CLOSE?

21 FALKLANDS CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 21 on FALKLANDS CLOSE.