11, THORESWAY DRIVE, LINCOLN, LN2 2DA - £125,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 THORESWAY DRIVE is a very small semi-detached house of 75m², built sometime between 1950 and 1966. It was last sold for £125,000 in December 2019, which was around 49% below the average December 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

11 THORESWAY DRIVE Sold Prices

Land registry data shows four sales for 11 THORESWAY 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 11 THORESWAY 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
2019 18 DEC	£125,000	£244,092	49% below HPI
2013 26 SEP	£88,000	£189,660	54% below HPI
2005 27 MAY	£95,000	£179,035	47% below HPI
2002 8 APR	£23,952	£100,913	76% below HPI

11 THORESWAY 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 11 THORESWAY DRIVE sales between April 2002 and December 2019 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 September 2013 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2019 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 11 THORESWAY DRIVE?

11 THORESWAY DRIVE is 75m² according to the EPC inspection conducted in June 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 THORESWAY DRIVE lies on this distribution: 19% of detached houses are smaller than 11 THORESWAY DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

11 THORESWAY DRIVE: Plot and Title Map

11 THORESWAY DRIVE sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 11 THORESWAY 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 11 THORESWAY 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 11 THORESWAY DRIVE?

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