4, VERDUN CLOSE, LINCOLN, LN1 3XF - £139,500

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 VERDUN CLOSE is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £139,500 in August 2007, which was around 30% below the average August 2007 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

4 VERDUN CLOSE Sold Prices

Land registry data shows three sales for 4 VERDUN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 4 VERDUN 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
2007 29 AUG	£139,500	£198,512	30% below HPI
2006 17 FEB	£135,000	£175,095	23% below HPI
2002 6 AUG	£89,995	£118,212	24% below HPI

4 VERDUN 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 three 4 VERDUN CLOSE sales between August 2002 and August 2007 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 February 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2007 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 VERDUN CLOSE be worth now?

4 VERDUN CLOSE might now be worth an estimated £212,276.

This is based on house price inflation of 52.2%, between August 2007 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 52.2% inflationary increase is applied to the most recent sale price for 4 VERDUN CLOSE of £139,500 on 29th August 2007. For the value to have increased from £139,500 to £212,276 over the sixteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 VERDUN CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The August 2007 sale price of £139,500 represented a fair market value for the property.
• The size, condition, and specification of 4 VERDUN CLOSE has not materially changed since August 2007.

How Large is 4 VERDUN CLOSE?

4 VERDUN CLOSE is 61m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 10% 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 VERDUN CLOSE lies on this distribution: 6% of detached houses houses are smaller than 4 VERDUN CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 VERDUN CLOSE: Plot and Title Map

4 VERDUN CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 4 VERDUN 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 VERDUN 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 VERDUN CLOSE?

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