5, OBERON CLOSE, LINCOLN, LN1 1WE - £272,500

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 OBERON CLOSE is a midsized extended detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £324,881. It was last sold for £272,500 in August 2019, which was around 8% above the average August 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

5 OBERON CLOSE Sold Prices

Land registry data shows two sales for 5 OBERON 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 Lincoln local authority area for the corresponding sale date. One of the two 5 OBERON CLOSE sales was for above the average price, whilst the other was 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 22 AUG	£272,500	£253,078	8% above HPI
2002 1 MAR	£98,000	£99,712	2% below HPI

5 OBERON 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 two 5 OBERON CLOSE sales from March 2002 and August 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 March 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2019 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 5 OBERON CLOSE be worth now?

5 OBERON CLOSE might now be worth an estimated £324,881.

This is based on house price inflation of 19.2%, between August 2019 and March 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 19.2% inflationary increase is applied to the most recent sale price for 5 OBERON CLOSE of £272,500 on 22nd August 2019. For the value to have increased from £272,500 to £324,881 over the six years and five months to March 2025, the following assumptions must hold true:

• The value of 5 OBERON CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The August 2019 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 5 OBERON CLOSE has not materially changed since August 2019.

How Large is 5 OBERON CLOSE?

5 OBERON CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% 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 OBERON CLOSE lies on this distribution: 45% of detached houses houses are smaller than 5 OBERON CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 OBERON CLOSE: Plot and Title Map

5 OBERON CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 5 OBERON 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 OBERON 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 OBERON CLOSE?

5 OBERON CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 5 on OBERON CLOSE.