5, BURGHLEY CLOSE, LINCOLN, LN6 7YH - £290,000

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.

5 BURGHLEY CLOSE is a very large detached house of 140m², built sometime between 1991 and 1995, which could now be worth an estimated £397,835. It was last sold for £290,000 in February 2017, which was around 29% above the average February 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

5 BURGHLEY CLOSE Sold Prices

Land registry data shows four sales for 5 BURGHLEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 5 BURGHLEY 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 1 FEB	£290,000	£224,210	29% above HPI
2003 17 JAN	£225,000	£129,644	74% above HPI
2001 23 NOV	£165,000	£96,877	70% above HPI
2001 2 MAR	£144,000	£82,035	76% above HPI

5 BURGHLEY 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 four 5 BURGHLEY CLOSE sales between March 2001 and February 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 January 2003 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the February 2017 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 5 BURGHLEY CLOSE be worth now?

5 BURGHLEY CLOSE might now be worth an estimated £397,835.

This is based on house price inflation of 37.2%, between February 2017 and June 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 37.2% inflationary increase is applied to the most recent sale price for 5 BURGHLEY CLOSE of £290,000 on 1st February 2017. For the value to have increased from £290,000 to £397,835 over the seven years and eight months to June 2025, the following assumptions must hold true:

• The value of 5 BURGHLEY CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The February 2017 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BURGHLEY CLOSE has not materially changed since February 2017.

How Large is 5 BURGHLEY CLOSE?

5 BURGHLEY CLOSE is 140m² according to the EPC inspection conducted in November 2016. This puts it in the largest 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 BURGHLEY CLOSE lies on this distribution: 81% of detached houses houses are smaller than 5 BURGHLEY CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 BURGHLEY CLOSE: Plot and Title Map

5 BURGHLEY CLOSE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 5 BURGHLEY 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 BURGHLEY 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 BURGHLEY CLOSE?

5 BURGHLEY CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 5 on BURGHLEY CLOSE.