24, COLLEGE CLOSE, LINCOLN, LN1 3EA - £180,000

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.

24 COLLEGE CLOSE is a very small extended semi-detached house of 53m², built sometime between 1930 and 1949, which could now be worth an estimated £200,342. It was last sold for £180,000 in July 2021, which was around 1% below the average July 2021 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

24 COLLEGE CLOSE Sold Prices

Land registry data shows four sales for 24 COLLEGE 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. two of the four 24 COLLEGE CLOSE sales were for below the average price, and four 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
2021 30 JUL	£180,000	£181,904	1% below HPI
2008 6 JUN	£124,000	£122,807	1% above HPI
2006 28 APR	£135,000	£116,266	16% above HPI
2001 16 APR	£22,400	£49,883	55% below HPI

24 COLLEGE 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 24 COLLEGE CLOSE sales between April 2001 and July 2021 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 2008 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 24 COLLEGE CLOSE be worth now?

24 COLLEGE CLOSE might now be worth an estimated £200,342.

This is based on house price inflation of 11.3%, between July 2021 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 11.3% inflationary increase is applied to the most recent sale price for 24 COLLEGE CLOSE of £180,000 on 30th July 2021. For the value to have increased from £180,000 to £200,342 over the four years and four months to March 2025, the following assumptions must hold true:

• The value of 24 COLLEGE CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The July 2021 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 24 COLLEGE CLOSE has not materially changed since July 2021.

How Large is 24 COLLEGE CLOSE?

24 COLLEGE CLOSE is 53m², which includes one extension, according to the EPC inspection conducted in September 2018. 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 24 COLLEGE CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 24 COLLEGE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

24 COLLEGE CLOSE: Plot and Title Map

24 COLLEGE CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 24 COLLEGE 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 24 COLLEGE 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 24 COLLEGE CLOSE?

24 COLLEGE CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 24 on COLLEGE CLOSE.