3, BISHOP CLOSE, DUNHOLME, LINCOLN, LN2 3US - £192,000

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

3 BISHOP CLOSE is a very small semi-detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £219,479. It was last sold for £192,000 in March 2021, which was around 20% above the average March 2021 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

3 BISHOP CLOSE Sold Prices

Land registry data shows five sales for 3 BISHOP CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the five 3 BISHOP CLOSE sales 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 12 MAR	£192,000	£160,346	20% above HPI
2014 29 APR	£125,000	£116,817	7% above HPI
2010 17 SEP	£145,000	£123,210	18% above HPI
2003 28 NOV	£121,500	£91,687	33% above HPI
2001 30 MAR	£63,950	£48,514	32% above HPI

3 BISHOP CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The five 3 BISHOP CLOSE sales between March 2001 and March 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 April 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 3 BISHOP CLOSE be worth now?

3 BISHOP CLOSE might now be worth an estimated £219,479.

This is based on house price inflation of 14.3%, between March 2021 and December 2024, for semi-detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.3% inflationary increase is applied to the most recent sale price for 3 BISHOP CLOSE of £192,000 on 12th March 2021. For the value to have increased from £192,000 to £219,479 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 3 BISHOP CLOSE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The March 2021 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BISHOP CLOSE has not materially changed since March 2021.

How Large is 3 BISHOP CLOSE?

3 BISHOP CLOSE is 74m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of semi-detached houses houses in Dunholme, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Dunholme, and where 3 BISHOP CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 3 BISHOP CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Dunholme.

3 BISHOP CLOSE: Plot and Title Map

3 BISHOP CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 3 BISHOP 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 3 BISHOP 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 3 BISHOP CLOSE?

3 BISHOP CLOSE is located in DUNHOLME, in the LN2 postcode district. The below map shows the position of No. 3 on BISHOP CLOSE.