2, MITCHELL DRIVE, LINCOLN, LN1 1WD - £145,000

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

2 MITCHELL DRIVE is a small detached house of 78m², built sometime between 2003 and 2006. It was last sold for £145,000 in December 2005, which was around 18% below the average December 2005 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

2 MITCHELL DRIVE Sold Prices

Land registry data shows two sales for 2 MITCHELL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 2 MITCHELL DRIVE 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
2005 9 DEC	£145,000	£177,641	18% below HPI
2001 12 JAN	£77,500	£80,503	4% below HPI

2 MITCHELL 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 two 2 MITCHELL DRIVE sales from January 2001 and December 2005 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 January 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2005 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 MITCHELL DRIVE?

2 MITCHELL DRIVE is 78m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 2 MITCHELL DRIVE lies on this distribution: 23% of detached houses are smaller than 2 MITCHELL DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 MITCHELL DRIVE: Plot and Title Map

2 MITCHELL DRIVE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 MITCHELL 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 2 MITCHELL 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 2 MITCHELL DRIVE?

2 MITCHELL DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 2 on MITCHELL DRIVE.