22, GARRICK CLOSE, LINCOLN, LN5 8TG - £115,000

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 GARRICK CLOSE is a very small semi-detached house of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £203,352. It was last sold for £115,000 in May 2012, which was about the average May 2012 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

22 GARRICK CLOSE Sold Prices

Land registry data shows four sales for 22 GARRICK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. The four 22 GARRICK CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 23 MAY	£115,000	£114,496	Close to HPI
2007 29 OCT	£86,500	£129,106	33% below HPI
2002 8 MAR	£60,000	£59,276	1% above HPI
1996 5 JAN	£35,000	£38,580	9% below HPI

22 GARRICK 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 four 22 GARRICK CLOSE sales between January 1996 and May 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 October 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2012 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 22 GARRICK CLOSE be worth now?

22 GARRICK CLOSE might now be worth an estimated £203,352.

This is based on house price inflation of 76.8%, between May 2012 and March 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 76.8% inflationary increase is applied to the most recent sale price for 22 GARRICK CLOSE of £115,000 on 23rd May 2012. For the value to have increased from £115,000 to £203,352 over the thirteen years and two months to March 2025, the following assumptions must hold true:

• The value of 22 GARRICK CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The May 2012 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GARRICK CLOSE has not materially changed since May 2012.

How Large is 22 GARRICK CLOSE?

22 GARRICK CLOSE is 58m² according to the EPC inspection conducted in April 2012. 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 22 GARRICK CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 22 GARRICK CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

22 GARRICK CLOSE: Plot and Title Map

22 GARRICK CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 22 GARRICK 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 GARRICK 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 GARRICK CLOSE?

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