5, ARNHEM CLOSE, LINCOLN, LN1 3WB - £232,500

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.

5 ARNHEM CLOSE is a very small detached house of 69m², built sometime between 2003 and 2006, which could now be worth an estimated £239,717. It was last sold for £232,500 in January 2022, which was around 20% below the average January 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

5 ARNHEM CLOSE Sold Prices

Land registry data shows two sales for 5 ARNHEM 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 5 ARNHEM 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
2022 31 JAN	£232,500	£291,514	20% below HPI
2004 16 FEB	£125,950	£160,783	22% below HPI

5 ARNHEM 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 5 ARNHEM CLOSE sales from February 2004 and January 2022 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 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 ARNHEM CLOSE be worth now?

5 ARNHEM CLOSE might now be worth an estimated £239,717.

This is based on house price inflation of 3.1%, between January 2022 and February 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 3.1% inflationary increase is applied to the most recent sale price for 5 ARNHEM CLOSE of £232,500 on 31st January 2022. For the value to have increased from £232,500 to £239,717 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 ARNHEM CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The January 2022 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 5 ARNHEM CLOSE has not materially changed since January 2022.

How Large is 5 ARNHEM CLOSE?

5 ARNHEM CLOSE is 69m² according to the EPC inspection conducted in April 2021. 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 5 ARNHEM CLOSE lies on this distribution: 13% of detached houses houses are smaller than 5 ARNHEM CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 ARNHEM CLOSE: Plot and Title Map

5 ARNHEM CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 5 ARNHEM 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 5 ARNHEM 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 5 ARNHEM CLOSE?

5 ARNHEM CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 5 on ARNHEM CLOSE.