5, GRESLEY DRIVE, LINCOLN, LN6 7EJ - £129,000

5 GRESLEY DRIVE is a very small extended detached house of 65m², built sometime between 1991 and 1995. It was last sold for £129,000 in October 2006, which was around 30% below the average October 2006 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

5 GRESLEY DRIVE Sold Prices

Land registry data shows two sales for 5 GRESLEY DRIVE 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 5 GRESLEY DRIVE sales were 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
2006 20 OCT	£129,000	£183,917	30% below HPI
1996 26 JUL	£47,950	£62,373	23% below HPI

5 GRESLEY DRIVE 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 5 GRESLEY DRIVE sales from July 1996 and October 2006 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 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2006 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 GRESLEY DRIVE?

5 GRESLEY DRIVE is 65m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 5 GRESLEY DRIVE lies on this distribution: 9% of detached houses are smaller than 5 GRESLEY DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 GRESLEY DRIVE: Plot and Title Map

5 GRESLEY DRIVE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 5 GRESLEY DRIVE, 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 5 GRESLEY DRIVE). 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 5 GRESLEY DRIVE?

5 GRESLEY DRIVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 5 on GRESLEY DRIVE.