3, CULLEN CLOSE, BILLINGHAY, LINCOLN, LN4 4GU - £267,000

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 CULLEN CLOSE is a midsized detached house of 117m², which could now be worth an estimated £289,199. It was last sold for £267,000 in June 2021, which was around 2% below the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

3 CULLEN CLOSE Sold Prices

Land registry data shows two sales for 3 CULLEN 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 North Kesteven local authority area for the corresponding sale date. One of the two 3 CULLEN 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
2021 18 JUN	£267,000	£272,026	2% below HPI
2016 28 OCT	£235,000	£219,309	7% above HPI

3 CULLEN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 3 CULLEN CLOSE sales from October 2016 and June 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 October 2016 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 CULLEN CLOSE be worth now?

3 CULLEN CLOSE might now be worth an estimated £289,199.

This is based on house price inflation of 8.3%, between June 2021 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.3% inflationary increase is applied to the most recent sale price for 3 CULLEN CLOSE of £267,000 on 18th June 2021. For the value to have increased from £267,000 to £289,199 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 3 CULLEN CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2021 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CULLEN CLOSE has not materially changed since June 2021.

How Large is 3 CULLEN CLOSE?

3 CULLEN CLOSE is 117m² according to the EPC inspection conducted in August 2016. This puts it in the largest 50% of detached houses houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billinghay, and where 3 CULLEN CLOSE lies on this distribution: 59% of detached houses houses are smaller than 3 CULLEN CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

3 CULLEN CLOSE: Plot and Title Map

3 CULLEN CLOSE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 3 CULLEN 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 CULLEN 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 CULLEN CLOSE?

3 CULLEN CLOSE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 3 on CULLEN CLOSE.