6, TOP LODGE CLOSE, LINCOLN, LN6 3JA - £250,000

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.

6 TOP LODGE CLOSE is a very large detached house of 161m², built sometime between 2003 and 2006, which could now be worth an estimated £387,735. It was last sold for £250,000 in February 2014, which was around 29% above the average February 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

6 TOP LODGE CLOSE Sold Prices

Land registry data shows three sales for 6 TOP LODGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Two of the three 6 TOP LODGE CLOSE sales were for above the average price, whilst one 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
2014 13 FEB	£250,000	£193,794	29% above HPI
2006 7 JUL	£243,000	£182,950	33% above HPI
2003 14 MAR	£75,000	£132,770	44% below HPI

6 TOP LODGE 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 three 6 TOP LODGE CLOSE sales between March 2003 and February 2014 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 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2014 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 6 TOP LODGE CLOSE be worth now?

6 TOP LODGE CLOSE might now be worth an estimated £387,735.

This is based on house price inflation of 55.1%, between February 2014 and February 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 55.1% inflationary increase is applied to the most recent sale price for 6 TOP LODGE CLOSE of £250,000 on 13th February 2014. For the value to have increased from £250,000 to £387,735 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 6 TOP LODGE CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The February 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 6 TOP LODGE CLOSE has not materially changed since February 2014.

How Large is 6 TOP LODGE CLOSE?

6 TOP LODGE CLOSE is 161m² according to the EPC inspection conducted in August 2013. This puts it in the largest 20% 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 6 TOP LODGE CLOSE lies on this distribution: 90% of detached houses houses are smaller than 6 TOP LODGE CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

6 TOP LODGE CLOSE: Plot and Title Map

6 TOP LODGE CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 6 TOP LODGE 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 6 TOP LODGE 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 6 TOP LODGE CLOSE?

6 TOP LODGE CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 6 on TOP LODGE CLOSE.