4, MONTAIGNE CLOSE, LINCOLN, LN2 4RS - £156,000

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 MONTAIGNE CLOSE is a very small semi-detached house of 51m², built sometime between 1976 and 1982, which could now be worth an estimated £194,362. It was last sold for £156,000 in October 2018, which was around 3% below the average October 2018 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

4 MONTAIGNE CLOSE Sold Prices

Land registry data shows two sales for 4 MONTAIGNE 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 Lincoln local authority area for the corresponding sale date. One of the two 4 MONTAIGNE CLOSE sales was for below the average price, whilst the other was 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
2018 30 OCT	£156,000	£160,706	3% below HPI
2006 7 APR	£119,950	£116,266	3% above HPI

4 MONTAIGNE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 4 MONTAIGNE CLOSE sales from April 2006 and October 2018 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 April 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 4 MONTAIGNE CLOSE be worth now?

4 MONTAIGNE CLOSE might now be worth an estimated £194,362.

This is based on house price inflation of 24.6%, between October 2018 and February 2025, for semi-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 24.6% inflationary increase is applied to the most recent sale price for 4 MONTAIGNE CLOSE of £156,000 on 30th October 2018. For the value to have increased from £156,000 to £194,362 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 MONTAIGNE CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The October 2018 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MONTAIGNE CLOSE has not materially changed since October 2018.

How Large is 4 MONTAIGNE CLOSE?

4 MONTAIGNE CLOSE is 51m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 4 MONTAIGNE CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 4 MONTAIGNE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 MONTAIGNE CLOSE: Plot and Title Map

4 MONTAIGNE CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 4 MONTAIGNE 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 MONTAIGNE 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 MONTAIGNE CLOSE?

4 MONTAIGNE CLOSE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 4 on MONTAIGNE CLOSE.