26, THE MEAD, LINCOLN, LN6 7JZ - £198,000

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

26 THE MEAD is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £198,000 in June 2018, which was around 17% below the average June 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

26 THE MEAD Sold Prices

Land registry data shows two sales for 26 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 26 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
2018 8 JUN	£198,000	£237,361	17% below HPI
2012 29 JUN	£135,000	£173,970	22% below HPI

26 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 26 THE MEAD sales from June 2012 and June 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 June 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 26 THE MEAD?

26 THE MEAD is 108m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 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 26 THE MEAD lies on this distribution: 59% of detached houses are smaller than 26 THE MEAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

26 THE MEAD: Plot and Title Map

26 THE MEAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 26 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 26 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 26 THE MEAD?

26 THE MEAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 26 on THE MEAD.