5, CHELSEA CLOSE, LINCOLN, LN6 0XF - £366,750

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 CHELSEA CLOSE is a large detached house of 117m², built sometime between 1983 and 1990. It was last sold for £366,750 in June 2021, which was around 32% above the average June 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

5 CHELSEA CLOSE Sold Prices

Land registry data shows four sales for 5 CHELSEA 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 CHELSEA 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
2021 3 JUN	£366,750	£277,450	32% above HPI
2019 12 APR	£290,000	£255,076	14% above HPI
2002 30 MAY	£139,500	£105,099	33% above HPI
1996 21 JUN	£86,500	£62,637	38% above HPI

5 CHELSEA 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 CHELSEA CLOSE sales between June 1996 and June 2021 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 2019 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2021 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 5 CHELSEA CLOSE?

5 CHELSEA CLOSE is 117m² according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 5 CHELSEA CLOSE lies on this distribution: 66% of detached houses are smaller than 5 CHELSEA CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 CHELSEA CLOSE: Plot and Title Map

5 CHELSEA CLOSE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 5 CHELSEA 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 CHELSEA 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 CHELSEA CLOSE?

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