15, BROADWAY, LINCOLN, LN2 1SQ - £340,000

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

15 BROADWAY is a large detached house of 114m², built sometime between 1976 and 1982. It was last sold for £340,000 in June 2024, which was around 17% above the average June 2024 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

15 BROADWAY Sold Prices

Land registry data shows three sales for 15 BROADWAY 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 15 BROADWAY 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
2024 26 JUN	£340,000	£290,659	17% above HPI
2001 27 APR	£119,500	£82,722	44% above HPI
1999 6 JAN	£74,000	£68,503	8% above HPI

15 BROADWAY 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 15 BROADWAY sales between January 1999 and June 2024 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 April 2001 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the June 2024 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 15 BROADWAY?

15 BROADWAY is 114m² according to the EPC inspection conducted in August 2023. This puts it in the largest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 15 BROADWAY lies on this distribution: 64% of detached houses are smaller than 15 BROADWAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

15 BROADWAY: Plot and Title Map

15 BROADWAY sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 15 BROADWAY, 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 15 BROADWAY). 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 15 BROADWAY?

15 BROADWAY is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 15 on BROADWAY.