7, BISHOP CLOSE, DUNHOLME, LINCOLN, LN2 3US - £390,000

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

7 BISHOP CLOSE is a very large extended detached house of 185m², built sometime between 1996 and 2002, which could now be worth an estimated £400,079. It was last sold for £390,000 in February 2022, which was around 40% above the average February 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was A.

7 BISHOP CLOSE Sold Prices

Land registry data shows three sales for 7 BISHOP 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 West Lindsey local authority area for the corresponding sale date. All of the three 7 BISHOP CLOSE sales were for above 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
2022 11 FEB	£390,000	£277,741	40% above HPI
2015 14 AUG	£290,000	£203,234	43% above HPI
2002 6 DEC	£205,000	£116,813	75% above HPI

7 BISHOP CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 7 BISHOP CLOSE sales between December 2002 and February 2022 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 August 2015 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the February 2022 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 7 BISHOP CLOSE be worth now?

7 BISHOP CLOSE might now be worth an estimated £400,079.

This is based on house price inflation of 2.6%, between February 2022 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for 7 BISHOP CLOSE of £390,000 on 11th February 2022. For the value to have increased from £390,000 to £400,079 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 7 BISHOP CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BISHOP CLOSE has not materially changed since February 2022.

How Large is 7 BISHOP CLOSE?

7 BISHOP CLOSE is 185m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses houses in Dunholme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dunholme, and where 7 BISHOP CLOSE lies on this distribution: 91% of detached houses houses are smaller than 7 BISHOP CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Dunholme.

7 BISHOP CLOSE: Plot and Title Map

7 BISHOP CLOSE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 7 BISHOP 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 7 BISHOP 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 7 BISHOP CLOSE?

7 BISHOP CLOSE is located in DUNHOLME, in the LN2 postcode district. The below map shows the position of No. 7 on BISHOP CLOSE.