5, HEYSHAM CLOSE, LINCOLN, LN5 9UD - £185,000

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 HEYSHAM CLOSE is a small detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £245,381. It was last sold for £185,000 in March 2017, which was around 18% below the average March 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

5 HEYSHAM CLOSE Sold Prices

Land registry data shows four sales for 5 HEYSHAM 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 HEYSHAM 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
2017 31 MAR	£185,000	£226,603	18% below HPI
2014 28 APR	£169,950	£201,452	16% below HPI
2001 23 OCT	£73,000	£93,702	22% below HPI
1998 17 JUL	£55,000	£68,666	20% below HPI

5 HEYSHAM 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 HEYSHAM CLOSE sales between July 1998 and March 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 April 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 HEYSHAM CLOSE be worth now?

5 HEYSHAM CLOSE might now be worth an estimated £245,381.

This is based on house price inflation of 32.6%, between March 2017 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 32.6% inflationary increase is applied to the most recent sale price for 5 HEYSHAM CLOSE of £185,000 on 31st March 2017. For the value to have increased from £185,000 to £245,381 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 5 HEYSHAM CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The March 2017 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HEYSHAM CLOSE has not materially changed since March 2017.

How Large is 5 HEYSHAM CLOSE?

5 HEYSHAM CLOSE is 88m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% 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 HEYSHAM CLOSE lies on this distribution: 36% of detached houses houses are smaller than 5 HEYSHAM CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 HEYSHAM CLOSE: Plot and Title Map

5 HEYSHAM CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 5 HEYSHAM 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 HEYSHAM 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 HEYSHAM CLOSE?

5 HEYSHAM CLOSE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 5 on HEYSHAM CLOSE.