1, MELROSE LANE, LINCOLN, LN6 0BW - £189,950

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

1 MELROSE LANE is a small detached house of 76m², built sometime from 2007 onwards. It was last sold for £189,950 in April 2018, which was around 22% below the average April 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was B.

1 MELROSE LANE Sold Prices

Land registry data shows four sales for 1 MELROSE LANE 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 MELROSE LANE 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
2018 13 APR	£189,950	£243,102	22% below HPI
2015 30 OCT	£151,500	£212,340	29% below HPI
2010 2 FEB	£140,000	£175,997	20% below HPI
2007 9 NOV	£159,995	£197,127	19% below HPI

1 MELROSE LANE 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 MELROSE LANE sales between November 2007 and April 2018 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 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 1 MELROSE LANE be worth now?

1 MELROSE LANE might now be worth an estimated £236,028.

This is based on house price inflation of 24.3%, between April 2018 and December 2024, 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 24.3% inflationary increase is applied to the most recent sale price for 1 MELROSE LANE of £189,950 on 13th April 2018. For the value to have increased from £189,950 to £236,028 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of 1 MELROSE LANE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The April 2018 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 1 MELROSE LANE has not materially changed since April 2018.

How Large is 1 MELROSE LANE?

1 MELROSE LANE is 76m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% 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 1 MELROSE LANE lies on this distribution: 20% of detached houses houses are smaller than 1 MELROSE LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 MELROSE LANE: Plot and Title Map

1 MELROSE LANE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 1 MELROSE LANE, 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 MELROSE LANE). 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 MELROSE LANE?

1 MELROSE LANE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 1 on MELROSE LANE.