23, THE MEAD, LINCOLN, LN6 7LA - £159,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

23 THE MEAD is a small extended semi-detached house of 90m², built sometime between 1967 and 1975. It was last sold for £159,000 in November 2015, which was around 26% below the average November 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

23 THE MEAD Sold Prices

Land registry data shows two sales for 23 THE MEAD 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 23 THE MEAD 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 18 NOV	£159,000	£215,115	26% below HPI
2002 14 MAR	£69,950	£98,465	29% below HPI

23 THE MEAD 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 23 THE MEAD sales from March 2002 and November 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 March 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 23 THE MEAD?

23 THE MEAD is 90m², which includes one extension, according to the EPC inspection conducted in May 2015. 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 23 THE MEAD lies on this distribution: 38% of detached houses are smaller than 23 THE MEAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

23 THE MEAD: Plot and Title Map

23 THE MEAD sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 23 THE MEAD, 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 23 THE MEAD). 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 23 THE MEAD?

23 THE MEAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 23 on THE MEAD.