27, THE MEAD, LINCOLN, LN6 7LA - £102,500

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

27 THE MEAD is a midsized extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £102,500 in October 2011, which was around 41% below the average October 2011 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

27 THE MEAD Sold Prices

Land registry data shows two sales for 27 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 27 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
2011 28 OCT	£102,500	£172,456	41% below HPI
1999 19 NOV	£54,000	£70,544	23% below HPI

27 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 27 THE MEAD sales from November 1999 and October 2011 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 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2011 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 27 THE MEAD?

27 THE MEAD is 97m², which includes one extension, according to the EPC inspection conducted in April 2021. 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 27 THE MEAD lies on this distribution: 45% of detached houses are smaller than 27 THE MEAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

27 THE MEAD: Plot and Title Map

27 THE MEAD sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 27 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 27 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 27 THE MEAD?

27 THE MEAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 27 on THE MEAD.