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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 OBERON CLOSE is a midsized extended detached house of 97m², built sometime between 1991 and 1995. It was last sold for £272,500 in August 2019, which was around 9% 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 roughly equal to 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	£249,913	9% above HPI
2002 1 MAR	£98,000	£98,465	Close to 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

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 in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 5 OBERON CLOSE lies on this distribution: 45% of detached 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.