22, CARRAL CLOSE, LINCOLN, LN5 9BD - £109,000

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.

22 CARRAL CLOSE is a small extended semi-detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £192,349. It was last sold for £109,000 in February 2011, which was around 4% below the average February 2011 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

22 CARRAL CLOSE Sold Prices

Land registry data shows two sales for 22 CARRAL 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. One of the two 22 CARRAL CLOSE sales was for below the average price, whilst the other was 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 23 FEB	£109,000	£113,463	4% below HPI
1995 24 NOV	£44,750	£38,918	15% above HPI

22 CARRAL 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 22 CARRAL CLOSE sales from November 1995 and February 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 November 1995 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2011 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 22 CARRAL CLOSE be worth now?

22 CARRAL CLOSE might now be worth an estimated £192,349.

This is based on house price inflation of 76.5%, between February 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 76.5% inflationary increase is applied to the most recent sale price for 22 CARRAL CLOSE of £109,000 on 23rd February 2011. For the value to have increased from £109,000 to £192,349 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 22 CARRAL CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The February 2011 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CARRAL CLOSE has not materially changed since February 2011.

How Large is 22 CARRAL CLOSE?

22 CARRAL CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% 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 22 CARRAL CLOSE lies on this distribution: 23% of semi-detached houses houses are smaller than 22 CARRAL CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

22 CARRAL CLOSE: Plot and Title Map

22 CARRAL CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 22 CARRAL 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 22 CARRAL 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 22 CARRAL CLOSE?

22 CARRAL CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 22 on CARRAL CLOSE.