3, OSBORNE CLOSE, LINCOLN, LN1 3JT - £200,000

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 OSBORNE CLOSE is a very small extended semi-detached house of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £200,798. It was last sold for £200,000 in August 2023, which was about the average August 2023 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

3 OSBORNE CLOSE Sold Prices

Land registry data shows three sales for 3 OSBORNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. The three 3 OSBORNE CLOSE sales were a mix of roughly equal to the average price, and 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
2023 10 AUG	£200,000	£200,690	Close to HPI
2021 30 JUL	£178,000	£181,904	2% below HPI
2021 25 JAN	£165,000	£170,703	3% below HPI

3 OSBORNE 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 three 3 OSBORNE CLOSE sales between January 2021 and August 2023 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 July 2021 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 OSBORNE CLOSE be worth now?

3 OSBORNE CLOSE might now be worth an estimated £200,798.

This is based on house price inflation of 0.4%, between August 2023 and December 2024, 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 0.4% inflationary increase is applied to the most recent sale price for 3 OSBORNE CLOSE of £200,000 on 10th August 2023. For the value to have increased from £200,000 to £200,798 over the eight months to December 2024, the following assumptions must hold true:

• The value of 3 OSBORNE CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The August 2023 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OSBORNE CLOSE has not materially changed since August 2023.

How Large is 3 OSBORNE CLOSE?

3 OSBORNE CLOSE is 52m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 3 OSBORNE CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 3 OSBORNE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 OSBORNE CLOSE: Plot and Title Map

3 OSBORNE CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 3 OSBORNE 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 OSBORNE 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 OSBORNE CLOSE?

3 OSBORNE CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 3 on OSBORNE CLOSE.