12, REDCOTE DRIVE, LINCOLN, LN6 7HQ - £350,000

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.

12 REDCOTE DRIVE is a large extended detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £346,403. It was last sold for £350,000 in December 2022, which was around 13% above the average December 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

12 REDCOTE DRIVE Sold Prices

Land registry data shows three sales for 12 REDCOTE DRIVE 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. All of the three 12 REDCOTE DRIVE 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
2022 20 DEC	£350,000	£310,775	13% above HPI
2009 1 MAY	£190,000	£166,310	14% above HPI
2005 11 APR	£210,000	£182,349	15% above HPI

12 REDCOTE 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 three 12 REDCOTE DRIVE sales between April 2005 and December 2022 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 May 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 12 REDCOTE DRIVE be worth now?

12 REDCOTE DRIVE might now be worth an estimated £346,403.

This is based on house price deflation of 1%, between December 2022 and June 2025, for 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 1% deflationary decrease is applied to the most recent sale price for 12 REDCOTE DRIVE of £350,000 on 20th December 2022. For the value to have decreased from £350,000 to £346,403 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 12 REDCOTE DRIVE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The December 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 12 REDCOTE DRIVE has not materially changed since December 2022.

How Large is 12 REDCOTE DRIVE?

12 REDCOTE DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 12 REDCOTE DRIVE lies on this distribution: 66% of detached houses houses are smaller than 12 REDCOTE DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

12 REDCOTE DRIVE: Plot and Title Map

12 REDCOTE DRIVE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 12 REDCOTE 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 12 REDCOTE 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 12 REDCOTE DRIVE?

12 REDCOTE DRIVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 12 on REDCOTE DRIVE.