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
37 WESTWOOD DRIVE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £167,500 in May 2014, which was around 16% below the average May 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 37 WESTWOOD 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 37 WESTWOOD DRIVE 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 |
---|---|---|---|
2014 30 MAY | £167,500 | £199,956 | 16% below HPI |
2007 10 DEC | £168,500 | £193,881 | 13% below HPI |
2005 22 JUL | £158,000 | £175,281 | 10% below HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 37 WESTWOOD DRIVE sales between July 2005 and May 2014 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 December 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
37 WESTWOOD DRIVE is 71m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 37 WESTWOOD DRIVE lies on this distribution: 15% of detached houses are smaller than 37 WESTWOOD DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
37 WESTWOOD DRIVE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 37 WESTWOOD 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 37 WESTWOOD 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.
37 WESTWOOD DRIVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 37 on WESTWOOD DRIVE.