2, EASTBOURNE STREET, LINCOLN, LN2 5BW - £170,000

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.

2 EASTBOURNE STREET is a very large extended detached house of 140m², built sometime between 1900 and 1929, which could now be worth an estimated £173,412. It was last sold for £170,000 in May 2022, which was around 42% below the average May 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

2 EASTBOURNE STREET Sold Prices

Land registry data shows four sales for 2 EASTBOURNE STREET 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 2 EASTBOURNE STREET 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
2022 9 MAY	£170,000	£294,649	42% below HPI
2015 30 NOV	£160,000	£217,840	27% below HPI
2012 25 MAY	£110,000	£176,186	38% below HPI
2003 4 APR	£89,950	£136,642	34% below HPI

2 EASTBOURNE STREET 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 2 EASTBOURNE STREET sales between April 2003 and May 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 November 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 2 EASTBOURNE STREET be worth now?

2 EASTBOURNE STREET might now be worth an estimated £173,412.

This is based on house price inflation of 2%, between May 2022 and February 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 2% inflationary increase is applied to the most recent sale price for 2 EASTBOURNE STREET of £170,000 on 9th May 2022. For the value to have increased from £170,000 to £173,412 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 2 EASTBOURNE STREET has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The May 2022 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 EASTBOURNE STREET has not materially changed since May 2022.

How Large is 2 EASTBOURNE STREET?

2 EASTBOURNE STREET is 140m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 20% 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 2 EASTBOURNE STREET lies on this distribution: 81% of detached houses houses are smaller than 2 EASTBOURNE STREET, and 18% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 EASTBOURNE STREET: Plot and Title Map

2 EASTBOURNE STREET sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 2 EASTBOURNE STREET, 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 2 EASTBOURNE STREET). 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 2 EASTBOURNE STREET?

2 EASTBOURNE STREET is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 2 on EASTBOURNE STREET.