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
34 MITCHELL DRIVE is a very large detached house of 154m², built sometime between 1996 and 2002. It was last sold for £349,000 in December 2020, which was around 33% above the average December 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 34 MITCHELL DRIVE since 1st 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 34 MITCHELL DRIVE 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 11 DEC | £349,000 | £261,565 | 33% above HPI |
2007 15 JUN | £249,950 | £194,204 | 29% above HPI |
2002 30 AUG | £174,995 | £116,733 | 50% above HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 34 MITCHELL DRIVE sales between August 2002 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 June 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2020 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.
34 MITCHELL DRIVE is 154m² according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 34 MITCHELL DRIVE lies on this distribution: 88% of detached houses are smaller than 34 MITCHELL DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
34 MITCHELL DRIVE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 34 MITCHELL DRIVE, 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 34 MITCHELL DRIVE). 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.
34 MITCHELL DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 34 on MITCHELL DRIVE.