28, DRURY LANE, LINCOLN, LN1 3BN - £275,000

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

28 DRURY LANE is a very large extended detached house of 177m², built sometime between 1950 and 1966. It was last sold for £275,000 in August 2004, which was around 60% above the average August 2004 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

28 DRURY LANE Sold Prices

Land registry data shows three sales for 28 DRURY LANE 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 28 DRURY LANE sales were for above 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
2004 13 AUG	£275,000	£171,880	60% above HPI
2000 29 NOV	£175,000	£80,339	118% above HPI
1996 23 MAY	£79,950	£64,222	24% above HPI

28 DRURY LANE 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 28 DRURY LANE sales between May 1996 and August 2004 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 2000 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the August 2004 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 28 DRURY LANE?

28 DRURY LANE is 177m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 28 DRURY LANE lies on this distribution: 93% of detached houses are smaller than 28 DRURY LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

28 DRURY LANE: Plot and Title Map

28 DRURY LANE sits on a plot of roughly 0.042 of an acre, or 172m². The below map shows the location of 28 DRURY LANE, 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 28 DRURY LANE). 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 28 DRURY LANE?

28 DRURY LANE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 28 on DRURY LANE.