25, BURNS GARDENS, LINCOLN, LN2 4LJ - £110,000

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

25 BURNS GARDENS is a small detached house of 83m², built sometime between 1930 and 1949. It was last sold for £110,000 in February 2021, which was around 58% below the average February 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2020, where the current energy rating was F, and the potential energy rating was C.

25 BURNS GARDENS Sold Prices

Land registry data shows three sales for 25 BURNS GARDENS 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 25 BURNS GARDENS 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
2021 22 FEB	£110,000	£262,076	58% below HPI
2002 13 DEC	£45,000	£125,530	64% below HPI
2000 20 OCT	£31,000	£79,807	61% below HPI

25 BURNS GARDENS 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 25 BURNS GARDENS sales between October 2000 and February 2021 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 December 2002 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the February 2021 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 25 BURNS GARDENS?

25 BURNS GARDENS is 83m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 25 BURNS GARDENS lies on this distribution: 29% of detached houses are smaller than 25 BURNS GARDENS, and 70% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

25 BURNS GARDENS: Plot and Title Map

25 BURNS GARDENS sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 25 BURNS GARDENS, 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 25 BURNS GARDENS). 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 25 BURNS GARDENS?

25 BURNS GARDENS is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 25 on BURNS GARDENS.