255, MONKS ROAD, LINCOLN, LN2 5JX - £210,000

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

255 MONKS ROAD is a midsized extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £210,000 in July 2022, which was around 27% below the average July 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

255 MONKS ROAD Sold Prices

Land registry data shows two sales for 255 MONKS ROAD 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 255 MONKS 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
2022 29 JUL	£210,000	£289,063	27% below HPI
2009 4 NOV	£118,000	£170,055	31% below HPI

255 MONKS 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 two 255 MONKS ROAD sales from November 2009 and July 2022 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 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 255 MONKS ROAD?

255 MONKS ROAD is 99m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 255 MONKS ROAD lies on this distribution: 48% of detached houses are smaller than 255 MONKS ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

255 MONKS ROAD: Plot and Title Map

255 MONKS ROAD sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 255 MONKS 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 255 MONKS 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 255 MONKS ROAD?

255 MONKS ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 255 on MONKS ROAD.