12, LARNE ROAD, LINCOLN, LN5 9TY - £168,000

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

12 LARNE ROAD is a large extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £168,000 in February 2014, which was around 12% below the average February 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

12 LARNE ROAD Sold Prices

Land registry data shows four sales for 12 LARNE ROAD 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 12 LARNE 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 10 FEB	£168,000	£191,370	12% below HPI
2007 4 SEP	£165,000	£194,462	15% below HPI
2001 17 AUG	£62,950	£88,894	29% below HPI
2000 21 DEC	£58,000	£79,775	27% below HPI

12 LARNE 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 four 12 LARNE ROAD sales between December 2000 and February 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 September 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 12 LARNE ROAD?

12 LARNE ROAD is 128m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 12 LARNE ROAD lies on this distribution: 76% of detached houses are smaller than 12 LARNE ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

12 LARNE ROAD: Plot and Title Map

12 LARNE ROAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 12 LARNE 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 12 LARNE 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 12 LARNE ROAD?

12 LARNE ROAD is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 12 on LARNE ROAD.