11, AZALEA ROAD, LINCOLN, LN2 4UB - £150,000

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

11 AZALEA ROAD is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £150,000 in August 2014, which was around 25% below the average August 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

11 AZALEA ROAD Sold Prices

Land registry data shows three sales for 11 AZALEA 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. The three 11 AZALEA ROAD sales were a mix of below the average price, and roughly equal to 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 6 AUG	£150,000	£200,990	25% below HPI
2000 7 NOV	£65,500	£80,339	18% below HPI
1995 31 MAY	£58,850	£58,816	Close to HPI

11 AZALEA 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 11 AZALEA ROAD sales between May 1995 and August 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 November 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 11 AZALEA ROAD?

11 AZALEA ROAD is 68m² according to the EPC inspection conducted in January 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 11 AZALEA ROAD lies on this distribution: 12% of detached houses are smaller than 11 AZALEA ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

11 AZALEA ROAD: Plot and Title Map

11 AZALEA ROAD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 11 AZALEA 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 11 AZALEA 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 11 AZALEA ROAD?

11 AZALEA ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 11 on AZALEA ROAD.