16, WALTHAM ROAD, LINCOLN, LN6 0SD - £195,000

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

16 WALTHAM ROAD is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £195,000 in June 2023, which was around 36% below the average June 2023 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

16 WALTHAM ROAD Sold Prices

Land registry data shows three sales for 16 WALTHAM ROAD 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 16 WALTHAM 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
2023 26 JUN	£195,000	£304,590	36% below HPI
2010 14 JUN	£117,000	£176,104	34% below HPI
2003 18 AUG	£110,000	£150,467	27% below HPI

16 WALTHAM 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 three 16 WALTHAM ROAD sales between August 2003 and June 2023 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 June 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 16 WALTHAM ROAD?

16 WALTHAM ROAD is 56m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 16 WALTHAM ROAD lies on this distribution: 4% of detached houses are smaller than 16 WALTHAM ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

16 WALTHAM ROAD: Plot and Title Map

16 WALTHAM ROAD sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 16 WALTHAM 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 16 WALTHAM 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 16 WALTHAM ROAD?

16 WALTHAM ROAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 16 on WALTHAM ROAD.