1, MANRICO DRIVE, LINCOLN, LN1 1AD - £188,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MANRICO DRIVE is a very small semi-detached house of 71m², built sometime between 2003 and 2006. It was last sold for £188,000 in December 2020, which was around 28% below the average December 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

1 MANRICO DRIVE Sold Prices

Land registry data shows four sales for 1 MANRICO DRIVE 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 1 MANRICO 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
2020 1 DEC	£188,000	£261,565	28% below HPI
2012 16 OCT	£134,000	£180,175	26% below HPI
2006 10 MAR	£135,000	£173,082	22% below HPI
2001 27 NOV	£72,950	£95,666	24% below HPI

1 MANRICO 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 four 1 MANRICO DRIVE sales between November 2001 and December 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 October 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 MANRICO DRIVE?

1 MANRICO DRIVE is 71m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 1 MANRICO DRIVE lies on this distribution: 15% of detached houses are smaller than 1 MANRICO DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 MANRICO DRIVE: Plot and Title Map

1 MANRICO DRIVE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 1 MANRICO 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 1 MANRICO 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 1 MANRICO DRIVE?

1 MANRICO DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 1 on MANRICO DRIVE.