3, SOUTHCOTE MEWS, LINCOLN, LN6 7HL - £234,837

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.

3 SOUTHCOTE MEWS is a large detached house of 112m², which could now be worth an estimated £284,555. It was last sold for £234,837 in August 2019, which was around 7% below the average August 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

3 SOUTHCOTE MEWS Sold Prices

Land registry data shows two sales for 3 SOUTHCOTE MEWS 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 SOUTHCOTE MEWS 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
2019 2 AUG	£234,837	£253,078	7% below HPI
2017 10 MAR	£35,500	£226,603	84% below HPI

3 SOUTHCOTE MEWS 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 SOUTHCOTE MEWS sales from March 2017 and August 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 March 2017 sale was for 84% below the HPI. So the extrapolation line tracks at 84% below the HPI over time, until the August 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 3 SOUTHCOTE MEWS be worth now?

3 SOUTHCOTE MEWS might now be worth an estimated £284,555.

This is based on house price inflation of 21.2%, between August 2019 and July 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 21.2% inflationary increase is applied to the most recent sale price for 3 SOUTHCOTE MEWS of £234,837 on 2nd August 2019. For the value to have increased from £234,837 to £284,555 over the six years and one month to July 2025, the following assumptions must hold true:

• The value of 3 SOUTHCOTE MEWS has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The August 2019 sale price of £234,837 represented a fair market value for the property.
• The size, condition, and specification of 3 SOUTHCOTE MEWS has not materially changed since August 2019.

How Large is 3 SOUTHCOTE MEWS?

3 SOUTHCOTE MEWS is 112m² according to the EPC inspection conducted in October 2018. This puts it in the largest 40% 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 3 SOUTHCOTE MEWS lies on this distribution: 62% of detached houses houses are smaller than 3 SOUTHCOTE MEWS, and 38% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 SOUTHCOTE MEWS: Plot and Title Map

3 SOUTHCOTE MEWS sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 3 SOUTHCOTE MEWS, 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 SOUTHCOTE MEWS). 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 SOUTHCOTE MEWS?

3 SOUTHCOTE MEWS is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 3 on SOUTHCOTE MEWS.