7, TOP LODGE CLOSE, LINCOLN, LN6 3JA - £375,000

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.

7 TOP LODGE CLOSE is a very large detached house of 157m², built sometime from 2007 onwards, which could now be worth an estimated £449,179. It was last sold for £375,000 in September 2020, which was around 49% above the average September 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

7 TOP LODGE CLOSE Sold Prices

Land registry data shows four sales for 7 TOP LODGE 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. Most of the four 7 TOP LODGE 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
2020 30 SEP	£375,000	£250,927	49% above HPI
2008 29 SEP	£246,000	£183,217	34% above HPI
2005 29 SEP	£242,500	£182,427	33% above HPI
2003 14 MAR	£75,000	£132,770	44% below HPI

7 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 four 7 TOP LODGE CLOSE sales between March 2003 and September 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 September 2008 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2020 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 7 TOP LODGE CLOSE be worth now?

7 TOP LODGE CLOSE might now be worth an estimated £449,179.

This is based on house price inflation of 19.8%, between September 2020 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 19.8% inflationary increase is applied to the most recent sale price for 7 TOP LODGE CLOSE of £375,000 on 30th September 2020. For the value to have increased from £375,000 to £449,179 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 TOP LODGE CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The September 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 7 TOP LODGE CLOSE has not materially changed since September 2020.

How Large is 7 TOP LODGE CLOSE?

7 TOP LODGE CLOSE is 157m² according to the EPC inspection conducted in November 2018. 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 7 TOP LODGE CLOSE lies on this distribution: 89% of detached houses houses are smaller than 7 TOP LODGE CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

7 TOP LODGE CLOSE: Plot and Title Map

7 TOP LODGE CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 7 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 7 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 7 TOP LODGE CLOSE?

7 TOP LODGE CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 7 on TOP LODGE CLOSE.