4, MIDIA CLOSE, LINCOLN, LN1 1AR - £243,000

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 MIDIA CLOSE is a large extended detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £309,690. It was last sold for £243,000 in September 2017, which was around 3% above the average September 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was B.

4 MIDIA CLOSE Sold Prices

Land registry data shows two sales for 4 MIDIA 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 MIDIA 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
2017 8 SEP	£243,000	£236,751	3% above HPI
2004 25 JUN	£183,995	£171,901	7% above HPI

4 MIDIA 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 MIDIA CLOSE sales from June 2004 and September 2017 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 June 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2017 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 4 MIDIA CLOSE be worth now?

4 MIDIA CLOSE might now be worth an estimated £309,690.

This is based on house price inflation of 27.4%, between September 2017 and March 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 27.4% inflationary increase is applied to the most recent sale price for 4 MIDIA CLOSE of £243,000 on 8th September 2017. For the value to have increased from £243,000 to £309,690 over the eight years and six months to March 2025, the following assumptions must hold true:

• The value of 4 MIDIA CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The September 2017 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MIDIA CLOSE has not materially changed since September 2017.

How Large is 4 MIDIA CLOSE?

4 MIDIA CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 40% 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 MIDIA CLOSE lies on this distribution: 63% of detached houses houses are smaller than 4 MIDIA CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 MIDIA CLOSE: Plot and Title Map

4 MIDIA CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 4 MIDIA 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 MIDIA 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 MIDIA CLOSE?

4 MIDIA CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 4 on MIDIA CLOSE.