5, LYTHAM CLOSE, WASHINGBOROUGH, LINCOLN, LN4 1ST - £229,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 LYTHAM CLOSE is a very small detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £279,355. It was last sold for £229,000 in July 2019, which was around 8% below the average July 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

5 LYTHAM CLOSE Sold Prices

Land registry data shows two sales for 5 LYTHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 5 LYTHAM 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 19 JUL	£229,000	£248,177	8% below HPI
2014 7 NOV	£150,000	£202,213	26% below HPI

5 LYTHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 5 LYTHAM CLOSE sales from November 2014 and July 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 November 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 LYTHAM CLOSE be worth now?

5 LYTHAM CLOSE might now be worth an estimated £279,355.

This is based on house price inflation of 22%, between July 2019 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for 5 LYTHAM CLOSE of £229,000 on 19th July 2019. For the value to have increased from £229,000 to £279,355 over the six years and five months to February 2025, the following assumptions must hold true:

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

How Large is 5 LYTHAM CLOSE?

5 LYTHAM CLOSE is 87m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washingborough, and where 5 LYTHAM CLOSE lies on this distribution: 18% of detached houses houses are smaller than 5 LYTHAM CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

5 LYTHAM CLOSE: Plot and Title Map

5 LYTHAM CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 5 LYTHAM 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 LYTHAM 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 LYTHAM CLOSE?

5 LYTHAM CLOSE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 5 on LYTHAM CLOSE.