22, REDCOTE DRIVE, LINCOLN, LN6 7HQ - £268,500

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 REDCOTE DRIVE is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £268,500 in November 2018, which was around 9% above the average November 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

22 REDCOTE DRIVE Sold Prices

Land registry data shows two sales for 22 REDCOTE 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 REDCOTE DRIVE sales were for above 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
2018 19 NOV	£268,500	£246,964	9% above HPI
2005 19 AUG	£196,000	£178,243	10% above HPI

22 REDCOTE 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 REDCOTE DRIVE sales from August 2005 and November 2018 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 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 22 REDCOTE DRIVE?

22 REDCOTE DRIVE is 88m² according to the EPC inspection conducted in August 2018. 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 REDCOTE DRIVE lies on this distribution: 36% of detached houses are smaller than 22 REDCOTE DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

22 REDCOTE DRIVE: Plot and Title Map

22 REDCOTE DRIVE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 22 REDCOTE 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 REDCOTE 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 REDCOTE DRIVE?

22 REDCOTE DRIVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 22 on REDCOTE DRIVE.