2A, THE GROVE, LINCOLN, LN2 1RG - £750,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2A THE GROVE is a very large extended detached house of 186m², built sometime between 1976 and 1982, which could now be worth an estimated £753,712. It was last sold for £750,000 in February 2023, which was around 145% above the average February 2023 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

2A THE GROVE Sold Prices

Land registry data shows three sales for 2A THE GROVE 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 2A THE GROVE 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
2023 1 FEB	£750,000	£306,066	145% above HPI
2014 19 NOV	£318,000	£206,477	54% above HPI
1996 20 DEC	£145,000	£63,910	127% above HPI

2A THE GROVE 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 2A THE GROVE sales between December 1996 and February 2023 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 2014 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2023 sale, where it rises to 145% above the HPI. The line then continues to track at 145% above the HPI.

What might 2A THE GROVE be worth now?

2A THE GROVE might now be worth an estimated £753,712.

This is based on house price inflation of 0.5%, between February 2023 and June 2025, for detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for 2A THE GROVE of £750,000 on 1st February 2023. For the value to have increased from £750,000 to £753,712 over the one year and eight months to June 2025, the following assumptions must hold true:

• The value of 2A THE GROVE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The February 2023 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 2A THE GROVE has not materially changed since February 2023.

How Large is 2A THE GROVE?

2A THE GROVE is 186m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 2A THE GROVE lies on this distribution: 94% of detached houses houses are smaller than 2A THE GROVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2A THE GROVE: Plot and Title Map

2A THE GROVE sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of 2A THE GROVE, 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 THE GROVE). 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 THE GROVE?

2A THE GROVE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 2A on THE GROVE.