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 LINCOLN ROAD is a small detached house of 103m², built sometime between 1967 and 1975. It was last sold for £240,000 in November 2019, which was around 6% above the average November 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 12 LINCOLN ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the five 12 LINCOLN ROAD sales were for above 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 29 NOV | £240,000 | £227,277 | 6% above HPI |
2017 7 NOV | £235,000 | £215,405 | 9% above HPI |
2016 25 JUL | £162,500 | £199,017 | 18% below HPI |
2002 31 OCT | £122,000 | £112,995 | 8% above HPI |
1999 3 DEC | £65,000 | £72,932 | 11% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The five 12 LINCOLN ROAD sales between December 1999 and November 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 November 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
12 LINCOLN ROAD is 103m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% of detached houses in Ingham, based on EPC data. The below chart shows the distribution of detached houses by size in Ingham, and where 12 LINCOLN ROAD lies on this distribution: 26% of detached houses are smaller than 12 LINCOLN ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Ingham.
12 LINCOLN ROAD sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 12 LINCOLN 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 LINCOLN 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.
12 LINCOLN ROAD is located in INGHAM, in the LN1 postcode district. The below map shows the position of No. 12 on LINCOLN ROAD.