2, WOODRUSH ROAD, LINCOLN, LN2 4TB - £155,000

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 WOODRUSH ROAD is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £155,000 in May 2015, which was around 26% below the average May 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

2 WOODRUSH ROAD Sold Prices

Land registry data shows two sales for 2 WOODRUSH 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 Lincoln local authority area for the corresponding sale date. Both of the two 2 WOODRUSH ROAD 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
2015 11 MAY	£155,000	£209,506	26% below HPI
2014 13 JUN	£112,000	£200,457	44% below HPI

2 WOODRUSH ROAD 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 WOODRUSH ROAD sales from June 2014 and May 2015 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 June 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 WOODRUSH ROAD?

2 WOODRUSH ROAD is 63m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% 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 WOODRUSH ROAD lies on this distribution: 8% of detached houses are smaller than 2 WOODRUSH ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 WOODRUSH ROAD: Plot and Title Map

2 WOODRUSH ROAD sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 2 WOODRUSH 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 WOODRUSH 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 WOODRUSH ROAD?

2 WOODRUSH ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 2 on WOODRUSH ROAD.