104, SEARBY ROAD, LINCOLN, LN2 4DT - £102,000

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

104 SEARBY ROAD is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £102,000 in March 2003, which was around 22% below the average March 2003 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

104 SEARBY ROAD Sold Prices

Land registry data shows two sales for 104 SEARBY ROAD 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 104 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
2003 12 MAR	£102,000	£131,109	22% below HPI
1997 25 APR	£42,702	£63,670	33% below HPI

104 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 two 104 SEARBY ROAD sales from April 1997 and March 2003 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2003 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 104 SEARBY ROAD?

104 SEARBY ROAD is 66m² according to the EPC inspection conducted in May 2023. 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 104 SEARBY ROAD lies on this distribution: 10% of detached houses are smaller than 104 SEARBY ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

104 SEARBY ROAD: Plot and Title Map

104 SEARBY ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 104 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 104 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 104 SEARBY ROAD?

104 SEARBY ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 104 on SEARBY ROAD.