4, CHESTNUT CLOSE, NOCTON, LINCOLN, LN4 2DJ - £159,950

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 CHESTNUT CLOSE is a very small semi-detached house of 84m², built sometime from 2007 onwards, which could now be worth an estimated £252,885. It was last sold for £159,950 in August 2014, which was around 24% above the average August 2014 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was A.

4 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 4 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 4 CHESTNUT 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
2014 29 AUG	£159,950	£128,907	24% above HPI
2008 19 SEP	£146,000	£120,130	22% above HPI

4 CHESTNUT 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 two 4 CHESTNUT CLOSE sales from September 2008 and August 2014 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 2008 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2014 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 4 CHESTNUT CLOSE be worth now?

4 CHESTNUT CLOSE might now be worth an estimated £252,885.

This is based on house price inflation of 58.1%, between August 2014 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 58.1% inflationary increase is applied to the most recent sale price for 4 CHESTNUT CLOSE of £159,950 on 29th August 2014. For the value to have increased from £159,950 to £252,885 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 4 CHESTNUT CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The August 2014 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of 4 CHESTNUT CLOSE has not materially changed since August 2014.

How Large is 4 CHESTNUT CLOSE?

4 CHESTNUT CLOSE is 84m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of semi-detached houses houses in Nocton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nocton, and where 4 CHESTNUT CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 4 CHESTNUT CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Nocton.

4 CHESTNUT CLOSE: Plot and Title Map

4 CHESTNUT CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 4 CHESTNUT 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 CHESTNUT 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 CHESTNUT CLOSE?

4 CHESTNUT CLOSE is located in NOCTON, in the LN4 postcode district. The below map shows the position of No. 4 on CHESTNUT CLOSE.