5, LAWLEY CLOSE, NORTH GREETWELL, LINCOLN, LN2 4GA - £229,000

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 LAWLEY CLOSE is a midsized extended detached house of 93m², built sometime between 2003 and 2006, which could now be worth an estimated £292,782. It was last sold for £229,000 in December 2019, which was around 1% above the average December 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

5 LAWLEY CLOSE Sold Prices

Land registry data shows four sales for 5 LAWLEY 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 West Lindsey local authority area for the corresponding sale date. Most of the four 5 LAWLEY 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
2019 18 DEC	£229,000	£227,695	1% above HPI
2007 19 DEC	£170,000	£204,775	17% below HPI
2004 28 APR	£148,000	£155,617	5% below HPI
2001 24 AUG	£79,000	£84,604	7% below HPI

5 LAWLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 5 LAWLEY CLOSE sales between August 2001 and December 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 December 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 5 LAWLEY CLOSE be worth now?

5 LAWLEY CLOSE might now be worth an estimated £292,782.

This is based on house price inflation of 27.9%, between December 2019 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.9% inflationary increase is applied to the most recent sale price for 5 LAWLEY CLOSE of £229,000 on 18th December 2019. For the value to have increased from £229,000 to £292,782 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 LAWLEY CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2019 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAWLEY CLOSE has not materially changed since December 2019.

How Large is 5 LAWLEY CLOSE?

5 LAWLEY CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses houses in North Greetwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Greetwell, and where 5 LAWLEY CLOSE lies on this distribution: 47% of detached houses houses are smaller than 5 LAWLEY CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in North Greetwell.

5 LAWLEY CLOSE: Plot and Title Map

5 LAWLEY CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 5 LAWLEY 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 LAWLEY 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 LAWLEY CLOSE?

5 LAWLEY CLOSE is located in NORTH GREETWELL, in the LN2 postcode district. The below map shows the position of No. 5 on LAWLEY CLOSE.