2A, CARRAM WAY, LINCOLN, LN1 1AB - £375,000

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

2A CARRAM WAY is a very large extended detached house of 189m², built sometime between 1996 and 2002. It was last sold for £375,000 in March 2019, which was around 47% above the average March 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

2A CARRAM WAY Sold Prices

Land registry data shows two sales for 2A CARRAM WAY 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 2A CARRAM WAY 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
2019 15 MAR	£375,000	£254,886	47% above HPI
2004 28 MAY	£302,995	£168,493	80% above HPI

2A CARRAM WAY 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 2A CARRAM WAY sales from May 2004 and March 2019 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 May 2004 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the March 2019 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 2A CARRAM WAY?

2A CARRAM WAY is 189m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 2A CARRAM WAY lies on this distribution: 95% of detached houses are smaller than 2A CARRAM WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2A CARRAM WAY: Plot and Title Map

2A CARRAM WAY sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 2A CARRAM WAY, 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 2A CARRAM WAY). 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 2A CARRAM WAY?

2A CARRAM WAY is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 2A on CARRAM WAY.