103, SEARBY ROAD, LINCOLN, LN2 4DT - £131,500

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

103 SEARBY ROAD is a very small extended detached house of 72m², built sometime between 1983 and 1990. It was last sold for £131,500 in January 2014, which was around 31% below the average January 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

103 SEARBY ROAD Sold Prices

Land registry data shows three sales for 103 SEARBY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 103 SEARBY ROAD 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
2014 17 JAN	£131,500	£189,313	31% below HPI
1997 23 APR	£45,000	£63,670	29% below HPI
1996 3 APR	£41,000	£64,015	36% below HPI

103 SEARBY ROAD 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 three 103 SEARBY ROAD sales between April 1996 and January 2014 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 April 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 103 SEARBY ROAD?

103 SEARBY ROAD is 72m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 103 SEARBY ROAD lies on this distribution: 16% of detached houses are smaller than 103 SEARBY ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

103 SEARBY ROAD: Plot and Title Map

103 SEARBY ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 103 SEARBY ROAD, 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 103 SEARBY ROAD). 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 103 SEARBY ROAD?

103 SEARBY ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 103 on SEARBY ROAD.