3, PALMER ROAD, LINCOLN, LN2 1BH - £440,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 PALMER ROAD is a very large extended detached house of 163m², built sometime from 2007 onwards. It was last sold for £440,000 in December 2020, which was around 68% above the average December 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

3 PALMER ROAD Sold Prices

Land registry data shows two sales for 3 PALMER ROAD 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 3 PALMER ROAD 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
2020 17 DEC	£440,000	£261,565	68% above HPI
2011 27 MAY	£374,995	£175,519	114% above HPI

3 PALMER 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 two 3 PALMER ROAD sales from May 2011 and December 2020 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 2011 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the December 2020 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 3 PALMER ROAD?

3 PALMER ROAD is 163m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 3 PALMER ROAD lies on this distribution: 90% of detached houses are smaller than 3 PALMER ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 PALMER ROAD: Plot and Title Map

3 PALMER ROAD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 3 PALMER 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 PALMER 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 PALMER ROAD?

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