4, BUTTERMERE CLOSE, LINCOLN, LN6 0YD - £275,000

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.

4 BUTTERMERE CLOSE is a midsized detached house of 109m², built sometime between 1991 and 1995, which could now be worth an estimated £275,734. It was last sold for £275,000 in November 2024, which was around 8% below the average November 2024 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

4 BUTTERMERE CLOSE Sold Prices

Land registry data shows three sales for 4 BUTTERMERE 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 4 BUTTERMERE 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
2024 7 NOV	£275,000	£299,763	8% below HPI
2019 22 FEB	£242,500	£251,373	4% below HPI
2015 1 MAY	£158,000	£212,160	26% below HPI

4 BUTTERMERE 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 4 BUTTERMERE CLOSE sales between May 2015 and November 2024 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 February 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2024 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 BUTTERMERE CLOSE be worth now?

4 BUTTERMERE CLOSE might now be worth an estimated £275,734.

This is based on house price inflation of 0.3%, between November 2024 and February 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 0.3% inflationary increase is applied to the most recent sale price for 4 BUTTERMERE CLOSE of £275,000 on 7th November 2024. For the value to have increased from £275,000 to £275,734 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 4 BUTTERMERE CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The November 2024 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BUTTERMERE CLOSE has not materially changed since November 2024.

How Large is 4 BUTTERMERE CLOSE?

4 BUTTERMERE CLOSE is 109m² according to the EPC inspection conducted in May 2024. 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 4 BUTTERMERE CLOSE lies on this distribution: 59% of detached houses houses are smaller than 4 BUTTERMERE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 BUTTERMERE CLOSE: Plot and Title Map

4 BUTTERMERE CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 4 BUTTERMERE 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 4 BUTTERMERE 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 4 BUTTERMERE CLOSE?

4 BUTTERMERE CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 4 on BUTTERMERE CLOSE.