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

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 RECTORY ROAD is a small detached house of 120m², built sometime between 1967 and 1975. It was last sold for £445,000 in September 2021, which was around 58% 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	£281,947	58% above HPI
2011 22 JUL	£225,000	£181,357	24% 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 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2021 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

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 in Coleby, based on EPC data. The below chart shows the distribution of detached houses by size in Coleby, and where 2 RECTORY ROAD lies on this distribution: 28% of detached 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.