3, CHEDBURGH CLOSE, LINCOLN, LN6 0SU - £130,000

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 CHEDBURGH CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £130,000 in September 2011, which was around 26% below the average September 2011 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

3 CHEDBURGH CLOSE Sold Prices

Land registry data shows two sales for 3 CHEDBURGH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 3 CHEDBURGH CLOSE sales 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
2011 12 SEP	£130,000	£175,925	26% below HPI
2005 18 APR	£123,000	£182,349	33% below HPI

3 CHEDBURGH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 3 CHEDBURGH CLOSE sales from April 2005 and September 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 April 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2011 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 CHEDBURGH CLOSE be worth now?

3 CHEDBURGH CLOSE might now be worth an estimated £223,218.

This is based on house price inflation of 71.7%, between September 2011 and December 2024, for 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 71.7% inflationary increase is applied to the most recent sale price for 3 CHEDBURGH CLOSE of £130,000 on 12th September 2011. For the value to have increased from £130,000 to £223,218 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 CHEDBURGH CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The September 2011 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHEDBURGH CLOSE has not materially changed since September 2011.

How Large is 3 CHEDBURGH CLOSE?

3 CHEDBURGH CLOSE is 58m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 3 CHEDBURGH CLOSE lies on this distribution: 5% of detached houses houses are smaller than 3 CHEDBURGH CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 CHEDBURGH CLOSE: Plot and Title Map

3 CHEDBURGH CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 3 CHEDBURGH 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 CHEDBURGH 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 CHEDBURGH CLOSE?

3 CHEDBURGH CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 3 on CHEDBURGH CLOSE.