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
3 SOUTHCOTE MEWS is a large detached house of 112m². It was last sold for £234,837 in August 2019, which was around 6% 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.
Land registry data shows two sales for 3 SOUTHCOTE MEWS since 1st 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 | £249,913 | 6% below HPI |
2017 10 MAR | £35,500 | £223,768 | 84% below HPI |
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 6% below the HPI. The line then continues to track at 6% below the HPI.
3 SOUTHCOTE MEWS is 112m² according to the EPC inspection conducted in October 2018. This puts it in the largest 40% 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 SOUTHCOTE MEWS lies on this distribution: 62% of detached houses are smaller than 3 SOUTHCOTE MEWS, and 37% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
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.
3 SOUTHCOTE MEWS is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 3 on SOUTHCOTE MEWS.