7, OBERON CLOSE, LINCOLN, LN1 1WE - £185,000

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 OBERON CLOSE is a midsized detached house of 107m², built sometime between 1996 and 2002. It was last sold for £185,000 in September 2010, which was around 6% above the average September 2010 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

7 OBERON CLOSE Sold Prices

Land registry data shows three sales for 7 OBERON 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 7 OBERON 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
2010 10 SEP	£185,000	£174,227	6% above HPI
2007 11 JUL	£189,950	£197,116	4% below HPI
2002 22 FEB	£110,500	£96,714	14% above HPI

7 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 three 7 OBERON CLOSE sales between February 2002 and September 2010 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2010 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 7 OBERON CLOSE be worth now?

7 OBERON CLOSE might now be worth an estimated £320,752.

This is based on house price inflation of 73.4%, between September 2010 and December 2024, 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 73.4% inflationary increase is applied to the most recent sale price for 7 OBERON CLOSE of £185,000 on 10th September 2010. For the value to have increased from £185,000 to £320,752 over the thirteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 7 OBERON CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The September 2010 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OBERON CLOSE has not materially changed since September 2010.

How Large is 7 OBERON CLOSE?

7 OBERON CLOSE is 107m² according to the EPC inspection conducted in May 2010. This puts it in the largest 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 7 OBERON CLOSE lies on this distribution: 57% of detached houses houses are smaller than 7 OBERON CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

7 OBERON CLOSE: Plot and Title Map

7 OBERON CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 7 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 7 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 7 OBERON CLOSE?

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