4, CULLIN CLOSE, LINCOLN, LN5 9AS - £160,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 CULLIN CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £160,000 in June 2019, which was around 36% below the average June 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

4 CULLIN CLOSE Sold Prices

Land registry data shows two sales for 4 CULLIN 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 4 CULLIN 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
2019 19 JUN	£160,000	£251,567	36% below HPI
2016 12 MAY	£135,000	£218,719	38% below HPI

4 CULLIN 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 4 CULLIN CLOSE sales from May 2016 and June 2019 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 May 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2019 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 4 CULLIN CLOSE be worth now?

4 CULLIN CLOSE might now be worth an estimated £192,123.

This is based on house price inflation of 20.1%, between June 2019 and December 2024, 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 20.1% inflationary increase is applied to the most recent sale price for 4 CULLIN CLOSE of £160,000 on 19th June 2019. For the value to have increased from £160,000 to £192,123 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 4 CULLIN CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The June 2019 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CULLIN CLOSE has not materially changed since June 2019.

How Large is 4 CULLIN CLOSE?

4 CULLIN CLOSE is 75m² according to the EPC inspection conducted in February 2019. 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 4 CULLIN CLOSE lies on this distribution: 19% of detached houses houses are smaller than 4 CULLIN CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 CULLIN CLOSE: Plot and Title Map

4 CULLIN CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 4 CULLIN 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 CULLIN 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 CULLIN CLOSE?

4 CULLIN CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 4 on CULLIN CLOSE.