20, GREENBANK DRIVE, LINCOLN, LN6 7LQ - £65,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

20 GREENBANK DRIVE is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £65,000 in June 2001, which was around 24% below the average June 2001 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

20 GREENBANK DRIVE Sold Prices

Land registry data shows two sales for 20 GREENBANK DRIVE 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 20 GREENBANK DRIVE 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
2001 29 JUN	£65,000	£85,873	24% below HPI
1998 13 AUG	£48,000	£67,918	29% below HPI

20 GREENBANK DRIVE 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 20 GREENBANK DRIVE sales from August 1998 and June 2001 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 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2001 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 20 GREENBANK DRIVE?

20 GREENBANK DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 20 GREENBANK DRIVE lies on this distribution: 38% of detached houses are smaller than 20 GREENBANK DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

20 GREENBANK DRIVE: Plot and Title Map

20 GREENBANK DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 20 GREENBANK DRIVE, 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 20 GREENBANK DRIVE). 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 20 GREENBANK DRIVE?

20 GREENBANK DRIVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 20 on GREENBANK DRIVE.