2, SEVERN STREET, LINCOLN, LN1 1SJ - £153,500

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 SEVERN STREET is a small extended semi-detached house of 87m², built sometime between 1930 and 1949, which could now be worth an estimated £207,678. It was last sold for £153,500 in June 2017, which was around 4% above the average June 2017 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

2 SEVERN STREET Sold Prices

Land registry data shows four sales for 2 SEVERN STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. two of the four 2 SEVERN STREET sales were for above the average price, and four 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
2017 16 JUN	£153,500	£147,991	4% above HPI
2013 4 OCT	£137,000	£124,541	10% above HPI
2006 14 JUL	£110,000	£120,542	9% below HPI
1996 2 AUG	£35,000	£38,805	10% below HPI

2 SEVERN STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 2 SEVERN STREET sales between August 1996 and June 2017 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 October 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2017 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 SEVERN STREET be worth now?

2 SEVERN STREET might now be worth an estimated £207,678.

This is based on house price inflation of 35.3%, between June 2017 and February 2025, for semi-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 35.3% inflationary increase is applied to the most recent sale price for 2 SEVERN STREET of £153,500 on 16th June 2017. For the value to have increased from £153,500 to £207,678 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 2 SEVERN STREET has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The June 2017 sale price of £153,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SEVERN STREET has not materially changed since June 2017.

How Large is 2 SEVERN STREET?

2 SEVERN STREET is 87m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 2 SEVERN STREET lies on this distribution: 34% of semi-detached houses houses are smaller than 2 SEVERN STREET, and 65% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 SEVERN STREET: Plot and Title Map

2 SEVERN STREET sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 2 SEVERN 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 SEVERN 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 SEVERN STREET?

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