4, CHELMER CLOSE, LINCOLN, LN6 8TH - £308,000

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 CHELMER CLOSE is a large extended semi-detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £316,188. It was last sold for £308,000 in July 2023, which was around 55% above the average July 2023 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

4 CHELMER CLOSE Sold Prices

Land registry data shows three sales for 4 CHELMER 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 North Kesteven local authority area for the corresponding sale date. Two of the three 4 CHELMER CLOSE sales were for above the average price, whilst one was 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
2023 6 JUL	£308,000	£198,527	55% above HPI
2008 7 MAR	£182,500	£122,988	48% above HPI
2003 12 NOV	£50,000	£94,440	47% below HPI

4 CHELMER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 4 CHELMER CLOSE sales between November 2003 and July 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 March 2008 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2023 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 4 CHELMER CLOSE be worth now?

4 CHELMER CLOSE might now be worth an estimated £316,188.

This is based on house price inflation of 2.7%, between July 2023 and February 2025, for semi-detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% inflationary increase is applied to the most recent sale price for 4 CHELMER CLOSE of £308,000 on 6th July 2023. For the value to have increased from £308,000 to £316,188 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 4 CHELMER CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The July 2023 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHELMER CLOSE has not materially changed since July 2023.

How Large is 4 CHELMER CLOSE?

4 CHELMER CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of semi-detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Hykeham, and where 4 CHELMER CLOSE lies on this distribution: 67% of semi-detached houses houses are smaller than 4 CHELMER CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

4 CHELMER CLOSE: Plot and Title Map

4 CHELMER CLOSE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 4 CHELMER 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 CHELMER 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 CHELMER CLOSE?

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