113, MACAULAY DRIVE, LINCOLN, LN2 4ER - £111,300

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

113 MACAULAY DRIVE is a very small semi-detached house of 59m², built sometime between 1930 and 1949, which could now be worth an estimated £120,826. It was last sold for £111,300 in September 2021, which was around 40% below the average September 2021 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

113 MACAULAY DRIVE Sold Prices

Land registry data shows two sales for 113 MACAULAY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 113 MACAULAY 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
2021 10 SEP	£111,300	£184,439	40% below HPI
2002 16 DEC	£30,260	£76,283	60% below HPI

113 MACAULAY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 113 MACAULAY DRIVE sales from December 2002 and September 2021 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 December 2002 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the September 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 113 MACAULAY DRIVE be worth now?

113 MACAULAY DRIVE might now be worth an estimated £120,826.

This is based on house price inflation of 8.6%, between September 2021 and February 2025, for semi-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 8.6% inflationary increase is applied to the most recent sale price for 113 MACAULAY DRIVE of £111,300 on 10th September 2021. For the value to have increased from £111,300 to £120,826 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 113 MACAULAY DRIVE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The September 2021 sale price of £111,300 represented a fair market value for the property.
• The size, condition, and specification of 113 MACAULAY DRIVE has not materially changed since September 2021.

How Large is 113 MACAULAY DRIVE?

113 MACAULAY DRIVE is 59m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 113 MACAULAY DRIVE lies on this distribution: 5% of semi-detached houses houses are smaller than 113 MACAULAY DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

113 MACAULAY DRIVE: Plot and Title Map

113 MACAULAY DRIVE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 113 MACAULAY 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 113 MACAULAY 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 113 MACAULAY DRIVE?

113 MACAULAY DRIVE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 113 on MACAULAY DRIVE.