8, SYMPSON CLOSE, LINCOLN, LN2 4UY - £315,000

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 SYMPSON CLOSE is a very large detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £399,903. It was last sold for £315,000 in September 2017, which was around 33% above the average September 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

8 SYMPSON CLOSE Sold Prices

Land registry data shows two sales for 8 SYMPSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 8 SYMPSON 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
2017 27 SEP	£315,000	£236,751	33% above HPI
1999 27 AUG	£116,995	£73,135	60% above HPI

8 SYMPSON 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 two 8 SYMPSON CLOSE sales from August 1999 and September 2017 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 August 1999 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the September 2017 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 8 SYMPSON CLOSE be worth now?

8 SYMPSON CLOSE might now be worth an estimated £399,903.

This is based on house price inflation of 27%, between September 2017 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 27% inflationary increase is applied to the most recent sale price for 8 SYMPSON CLOSE of £315,000 on 27th September 2017. For the value to have increased from £315,000 to £399,903 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 SYMPSON CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The September 2017 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SYMPSON CLOSE has not materially changed since September 2017.

How Large is 8 SYMPSON CLOSE?

8 SYMPSON CLOSE is 163m² according to the EPC inspection conducted in March 2017. 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 SYMPSON CLOSE lies on this distribution: 90% of detached houses houses are smaller than 8 SYMPSON CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 SYMPSON CLOSE: Plot and Title Map

8 SYMPSON CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 8 SYMPSON 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 SYMPSON 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 SYMPSON CLOSE?

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