37, OBERON CLOSE, LINCOLN, LN1 1WE - £250,000

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.

37 OBERON CLOSE is a midsized detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £351,146. It was last sold for £250,000 in June 2016, which was around 14% above the average June 2016 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

37 OBERON CLOSE Sold Prices

Land registry data shows three sales for 37 OBERON 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 37 OBERON CLOSE sales were 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
2016 16 JUN	£250,000	£218,984	14% above HPI
2006 20 OCT	£199,000	£186,246	7% above HPI
2001 29 JUN	£150,250	£86,961	73% above HPI

37 OBERON 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 37 OBERON CLOSE sales between June 2001 and June 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 October 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2016 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 37 OBERON CLOSE be worth now?

37 OBERON CLOSE might now be worth an estimated £351,146.

This is based on house price inflation of 40.5%, between June 2016 and June 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 40.5% inflationary increase is applied to the most recent sale price for 37 OBERON CLOSE of £250,000 on 16th June 2016. For the value to have increased from £250,000 to £351,146 over the nine years to June 2025, the following assumptions must hold true:

• The value of 37 OBERON CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The June 2016 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 37 OBERON CLOSE has not materially changed since June 2016.

How Large is 37 OBERON CLOSE?

37 OBERON CLOSE is 109m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% 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 37 OBERON CLOSE lies on this distribution: 59% of detached houses houses are smaller than 37 OBERON CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

37 OBERON CLOSE: Plot and Title Map

37 OBERON CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 37 OBERON 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 37 OBERON 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 37 OBERON CLOSE?

37 OBERON CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 37 on OBERON CLOSE.