22, MANRICO DRIVE, LINCOLN, LN1 1AD - £130,000

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

22 MANRICO DRIVE is a small detached house of 89m², built sometime between 2003 and 2006. It was last sold for £130,000 in August 2009, which was around 24% below the average August 2009 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

22 MANRICO DRIVE Sold Prices

Land registry data shows two sales for 22 MANRICO 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 22 MANRICO 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
2009 25 AUG	£130,000	£170,874	24% below HPI
2003 28 NOV	£117,550	£156,293	25% below HPI

22 MANRICO 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 22 MANRICO DRIVE sales from November 2003 and August 2009 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 November 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2009 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 22 MANRICO DRIVE?

22 MANRICO DRIVE is 89m² according to the EPC inspection conducted in July 2019. 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 22 MANRICO DRIVE lies on this distribution: 37% of detached houses are smaller than 22 MANRICO DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

22 MANRICO DRIVE: Plot and Title Map

22 MANRICO DRIVE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 22 MANRICO 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 22 MANRICO 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 22 MANRICO DRIVE?

22 MANRICO DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 22 on MANRICO DRIVE.