31, FULMEN CLOSE, LINCOLN, LN1 1AW - £128,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 FULMEN CLOSE is a very small detached house of 67m², built sometime between 2003 and 2006, which could now be worth an estimated £173,231. It was last sold for £128,000 in February 2016, which was around 43% below the average February 2016 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was C.

31 FULMEN CLOSE Sold Prices

Land registry data shows two sales for 31 FULMEN 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 31 FULMEN 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
2016 22 FEB	£128,000	£222,945	43% below HPI
2005 28 SEP	£136,995	£182,427	25% below HPI

31 FULMEN 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 31 FULMEN CLOSE sales from September 2005 and February 2016 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 September 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 31 FULMEN CLOSE be worth now?

31 FULMEN CLOSE might now be worth an estimated £173,231.

This is based on house price inflation of 35.3%, between February 2016 and March 2025, 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 35.3% inflationary increase is applied to the most recent sale price for 31 FULMEN CLOSE of £128,000 on 22nd February 2016. For the value to have increased from £128,000 to £173,231 over the eight years and eleven months to March 2025, the following assumptions must hold true:

• The value of 31 FULMEN CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The February 2016 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FULMEN CLOSE has not materially changed since February 2016.

How Large is 31 FULMEN CLOSE?

31 FULMEN CLOSE is 67m² according to the EPC inspection conducted in October 2015. 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 31 FULMEN CLOSE lies on this distribution: 11% of detached houses houses are smaller than 31 FULMEN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

31 FULMEN CLOSE: Plot and Title Map

31 FULMEN CLOSE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 31 FULMEN 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 31 FULMEN 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 31 FULMEN CLOSE?

31 FULMEN CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 31 on FULMEN CLOSE.