8, BENSON CLOSE, LINCOLN, LN6 3NX - £360,000

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.

8 BENSON CLOSE is a very large extended detached house of 177m², built sometime between 1976 and 1982, which could now be worth an estimated £370,979. It was last sold for £360,000 in October 2021, which was around 23% above the average October 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 BENSON CLOSE Sold Prices

Land registry data shows four sales for 8 BENSON 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. All of the four 8 BENSON 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
2021 25 OCT	£360,000	£291,668	23% above HPI
2006 17 MAY	£234,000	£181,893	29% above HPI
2005 23 MAR	£220,000	£175,862	25% above HPI
2002 22 FEB	£112,000	£96,714	16% above HPI

8 BENSON 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 8 BENSON CLOSE sales between February 2002 and October 2021 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 May 2006 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2021 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 8 BENSON CLOSE be worth now?

8 BENSON CLOSE might now be worth an estimated £370,979.

This is based on house price inflation of 3%, between October 2021 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 3% inflationary increase is applied to the most recent sale price for 8 BENSON CLOSE of £360,000 on 25th October 2021. For the value to have increased from £360,000 to £370,979 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 BENSON CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The October 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BENSON CLOSE has not materially changed since October 2021.

How Large is 8 BENSON CLOSE?

8 BENSON CLOSE is 177m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 10% 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 8 BENSON CLOSE lies on this distribution: 93% of detached houses houses are smaller than 8 BENSON CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 BENSON CLOSE: Plot and Title Map

8 BENSON CLOSE sits on a plot of roughly 0.229 of an acre, or 927m². The below map shows the location of 8 BENSON 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 8 BENSON 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 8 BENSON CLOSE?

8 BENSON CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 8 on BENSON CLOSE.