5, WIGSLEY CLOSE, LINCOLN, LN6 3LD - £217,000

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 WIGSLEY CLOSE is a midsized detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £258,456. It was last sold for £217,000 in March 2020, which was around 14% below the average March 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

5 WIGSLEY CLOSE Sold Prices

Land registry data shows four sales for 5 WIGSLEY 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 WIGSLEY 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
2020 27 MAR	£217,000	£253,330	14% below HPI
2015 17 JUL	£187,500	£215,241	13% below HPI
2006 28 SEP	£168,000	£184,243	9% below HPI
1999 8 OCT	£68,950	£71,971	4% below HPI

5 WIGSLEY 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 WIGSLEY CLOSE sales between October 1999 and March 2020 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 July 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 WIGSLEY CLOSE be worth now?

5 WIGSLEY CLOSE might now be worth an estimated £258,456.

This is based on house price inflation of 19.1%, between March 2020 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 19.1% inflationary increase is applied to the most recent sale price for 5 WIGSLEY CLOSE of £217,000 on 27th March 2020. For the value to have increased from £217,000 to £258,456 over the five years to March 2025, the following assumptions must hold true:

• The value of 5 WIGSLEY CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The March 2020 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WIGSLEY CLOSE has not materially changed since March 2020.

How Large is 5 WIGSLEY CLOSE?

5 WIGSLEY CLOSE is 97m² according to the EPC inspection conducted in September 2014. 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 WIGSLEY CLOSE lies on this distribution: 45% of detached houses houses are smaller than 5 WIGSLEY CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 WIGSLEY CLOSE: Plot and Title Map

5 WIGSLEY CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 5 WIGSLEY 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 WIGSLEY 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 WIGSLEY CLOSE?

5 WIGSLEY CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 5 on WIGSLEY CLOSE.