7, CARRAM CLOSE, LINCOLN, LN1 1EP - £196,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 CARRAM CLOSE is a small semi-detached house of 86m², built sometime between 2003 and 2006. It was last sold for £196,000 in August 2018, which was around 18% below the average August 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

7 CARRAM CLOSE Sold Prices

Land registry data shows three sales for 7 CARRAM 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. All of the three 7 CARRAM 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
2018 24 AUG	£196,000	£239,194	18% below HPI
2011 10 JUN	£137,500	£177,085	22% below HPI
2008 5 DEC	£155,000	£170,209	9% below HPI

7 CARRAM 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 7 CARRAM CLOSE sales between December 2008 and August 2018 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 June 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 CARRAM CLOSE?

7 CARRAM CLOSE is 86m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 7 CARRAM CLOSE lies on this distribution: 34% of detached houses are smaller than 7 CARRAM CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

7 CARRAM CLOSE: Plot and Title Map

7 CARRAM CLOSE sits on a plot of roughly 0.039 of an acre, or 160m². The below map shows the location of 7 CARRAM 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 CARRAM 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 CARRAM CLOSE?

7 CARRAM CLOSE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 7 on CARRAM CLOSE.