3, KIRMINGTON CLOSE, LINCOLN, LN6 0SG - £162,000

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 KIRMINGTON CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £224,642. It was last sold for £162,000 in November 2015, which was around 26% below the average November 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

3 KIRMINGTON CLOSE Sold Prices

Land registry data shows three sales for 3 KIRMINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 3 KIRMINGTON 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
2015 19 NOV	£162,000	£217,840	26% below HPI
2014 24 OCT	£125,000	£206,319	39% below HPI
1996 8 MAY	£46,500	£65,035	29% below HPI

3 KIRMINGTON 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 three 3 KIRMINGTON CLOSE sales between May 1996 and November 2015 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 KIRMINGTON CLOSE be worth now?

3 KIRMINGTON CLOSE might now be worth an estimated £224,642.

This is based on house price inflation of 38.7%, between November 2015 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 38.7% inflationary increase is applied to the most recent sale price for 3 KIRMINGTON CLOSE of £162,000 on 19th November 2015. For the value to have increased from £162,000 to £224,642 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 KIRMINGTON CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The November 2015 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 3 KIRMINGTON CLOSE has not materially changed since November 2015.

How Large is 3 KIRMINGTON CLOSE?

3 KIRMINGTON CLOSE is 68m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% 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 KIRMINGTON CLOSE lies on this distribution: 12% of detached houses houses are smaller than 3 KIRMINGTON CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 KIRMINGTON CLOSE: Plot and Title Map

3 KIRMINGTON CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 3 KIRMINGTON 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 KIRMINGTON 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 KIRMINGTON CLOSE?

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