20, 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

20 WOODRUSH ROAD is a very small detached house of 63m², built sometime between 1991 and 1995. It was last sold for £155,000 in May 2014, which was around 22% below the average May 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

20 WOODRUSH ROAD Sold Prices

Land registry data shows three sales for 20 WOODRUSH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 20 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
2014 30 MAY	£155,000	£199,956	22% below HPI
2013 1 FEB	£120,000	£175,084	31% below HPI
2003 1 MAY	£110,000	£142,082	23% below HPI

20 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 three 20 WOODRUSH ROAD sales between May 2003 and May 2014 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 February 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 20 WOODRUSH ROAD?

20 WOODRUSH ROAD is 63m² according to the EPC inspection conducted in April 2014. 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 20 WOODRUSH ROAD lies on this distribution: 8% of detached houses are smaller than 20 WOODRUSH ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

20 WOODRUSH ROAD: Plot and Title Map

20 WOODRUSH ROAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 20 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 20 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 20 WOODRUSH ROAD?

20 WOODRUSH ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 20 on WOODRUSH ROAD.