8, CHESTNUT CLOSE, SUDBROOKE, LINCOLN, LN2 2RD - £372,500

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

8 CHESTNUT CLOSE is a very large extended detached house of 186m², built sometime between 1976 and 1982, which could now be worth an estimated £373,826. It was last sold for £372,500 in August 2024, which was around 31% above the average August 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

8 CHESTNUT CLOSE Sold Prices

Land registry data shows four sales for 8 CHESTNUT 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 West Lindsey local authority area for the corresponding sale date. All of the four 8 CHESTNUT 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
2024 2 AUG	£372,500	£283,908	31% above HPI
2008 4 JUN	£240,000	£187,016	28% above HPI
2004 26 FEB	£205,000	£153,947	33% above HPI
2002 15 MAY	£139,500	£99,041	41% above HPI

8 CHESTNUT 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 four 8 CHESTNUT CLOSE sales between May 2002 and August 2024 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 2008 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2024 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 8 CHESTNUT CLOSE be worth now?

8 CHESTNUT CLOSE might now be worth an estimated £373,826.

This is based on house price inflation of 0.4%, between August 2024 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 0.4% inflationary increase is applied to the most recent sale price for 8 CHESTNUT CLOSE of £372,500 on 2nd August 2024. For the value to have increased from £372,500 to £373,826 over the eight months to December 2024, the following assumptions must hold true:

• The value of 8 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2024 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CHESTNUT CLOSE has not materially changed since August 2024.

How Large is 8 CHESTNUT CLOSE?

8 CHESTNUT CLOSE is 186m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses houses in Sudbrooke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sudbrooke, and where 8 CHESTNUT CLOSE lies on this distribution: 83% of detached houses houses are smaller than 8 CHESTNUT CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Sudbrooke.

8 CHESTNUT CLOSE: Plot and Title Map

8 CHESTNUT CLOSE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 8 CHESTNUT 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 CHESTNUT 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 CHESTNUT CLOSE?

8 CHESTNUT CLOSE is located in SUDBROOKE, in the LN2 postcode district. The below map shows the position of No. 8 on CHESTNUT CLOSE.