5, FROME CLOSE, LINCOLN, LN6 3DA - £380,000

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 FROME CLOSE is a very large extended detached house of 146m², built sometime between 1996 and 2002, which could now be worth an estimated £458,181. It was last sold for £380,000 in November 2019, which was around 52% above the average November 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

5 FROME CLOSE Sold Prices

Land registry data shows three sales for 5 FROME 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 5 FROME 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
2019 8 NOV	£380,000	£249,277	52% above HPI
2002 22 APR	£149,000	£102,191	46% above HPI
1998 25 MAR	£95,500	£65,168	47% above HPI

5 FROME 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 5 FROME CLOSE sales between March 1998 and November 2019 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 2002 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the November 2019 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 5 FROME CLOSE be worth now?

5 FROME CLOSE might now be worth an estimated £458,181.

This is based on house price inflation of 20.6%, between November 2019 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 20.6% inflationary increase is applied to the most recent sale price for 5 FROME CLOSE of £380,000 on 8th November 2019. For the value to have increased from £380,000 to £458,181 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 FROME CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The November 2019 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FROME CLOSE has not materially changed since November 2019.

How Large is 5 FROME CLOSE?

5 FROME CLOSE is 146m², which includes two extensions, according to the EPC inspection conducted in May 2019. 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 FROME CLOSE lies on this distribution: 84% of detached houses houses are smaller than 5 FROME CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 FROME CLOSE: Plot and Title Map

5 FROME CLOSE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 5 FROME 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 FROME 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 FROME CLOSE?

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