3, LUPIN ROAD, LINCOLN, LN2 4GB - £120,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 LUPIN ROAD is a very small detached house of 55m², built sometime between 1991 and 1995. It was last sold for £120,000 in October 2006, which was around 35% below the average October 2006 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

3 LUPIN ROAD Sold Prices

Land registry data shows three sales for 3 LUPIN ROAD 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 3 LUPIN ROAD 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
2006 27 OCT	£120,000	£183,917	35% below HPI
2002 1 JUL	£66,000	£111,956	41% below HPI
1999 30 NOV	£46,850	£70,544	34% below HPI

3 LUPIN ROAD 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 3 LUPIN ROAD sales between November 1999 and October 2006 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 July 2002 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2006 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 LUPIN ROAD?

3 LUPIN ROAD is 55m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 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 3 LUPIN ROAD lies on this distribution: 3% of detached houses are smaller than 3 LUPIN ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 LUPIN ROAD: Plot and Title Map

3 LUPIN ROAD sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 3 LUPIN ROAD, 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 3 LUPIN ROAD). 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 3 LUPIN ROAD?

3 LUPIN ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 3 on LUPIN ROAD.