2, PINEWOODS, LINCOLN, LN6 0QP - £197,000

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 PINEWOODS is a midsized extended detached house of 92m², built sometime before 1900. It was last sold for £197,000 in February 2019, which was around 21% below the average February 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

2 PINEWOODS Sold Prices

Land registry data shows four sales for 2 PINEWOODS 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 PINEWOODS 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
2019 4 FEB	£197,000	£248,229	21% below HPI
2006 25 AUG	£158,000	£180,136	12% below HPI
2005 14 OCT	£148,000	£178,089	17% below HPI
2003 1 DEC	£146,000	£156,056	6% below HPI

2 PINEWOODS 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 PINEWOODS sales between December 2003 and February 2019 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 August 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 PINEWOODS?

2 PINEWOODS is 92m², which includes three extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% 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 PINEWOODS lies on this distribution: 40% of detached houses are smaller than 2 PINEWOODS, and 59% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 PINEWOODS: Plot and Title Map

2 PINEWOODS sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of 2 PINEWOODS, 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 PINEWOODS). 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 PINEWOODS?

2 PINEWOODS is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 2 on PINEWOODS.