2, RECTORY ROAD, COLEBY, LINCOLN, LN5 0AJ - £445,000

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 RECTORY ROAD is a small detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £483,962. It was last sold for £445,000 in September 2021, which was around 60% above the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

2 RECTORY ROAD Sold Prices

Land registry data shows two sales for 2 RECTORY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 2 RECTORY ROAD 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
2021 23 SEP	£445,000	£278,376	60% above HPI
2011 22 JUL	£225,000	£179,060	26% above HPI

2 RECTORY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 2 RECTORY ROAD sales from July 2011 and September 2021 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 July 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2021 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 2 RECTORY ROAD be worth now?

2 RECTORY ROAD might now be worth an estimated £483,962.

This is based on house price inflation of 8.8%, between September 2021 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.8% inflationary increase is applied to the most recent sale price for 2 RECTORY ROAD of £445,000 on 23rd September 2021. For the value to have increased from £445,000 to £483,962 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 RECTORY ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2021 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RECTORY ROAD has not materially changed since September 2021.

How Large is 2 RECTORY ROAD?

2 RECTORY ROAD is 120m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of detached houses houses in Coleby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coleby, and where 2 RECTORY ROAD lies on this distribution: 27% of detached houses houses are smaller than 2 RECTORY ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Coleby.

2 RECTORY ROAD: Plot and Title Map

2 RECTORY ROAD sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 2 RECTORY 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 2 RECTORY 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 2 RECTORY ROAD?

2 RECTORY ROAD is located in COLEBY, in the LN5 postcode district. The below map shows the position of No. 2 on RECTORY ROAD.