38, BOBBIN LANE, LINCOLN, LN2 4ZB - £300,000

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

38 BOBBIN LANE is a very large extended detached house of 151m², built sometime between 2007 and 2011. It was last sold for £300,000 in March 2021, which was around 14% above the average March 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

38 BOBBIN LANE Sold Prices

Land registry data shows two sales for 38 BOBBIN LANE 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 38 BOBBIN LANE 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
2021 18 MAR	£300,000	£263,492	14% above HPI
2010 26 NOV	£231,500	£174,364	33% above HPI

38 BOBBIN LANE 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 38 BOBBIN LANE sales from November 2010 and March 2021 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 November 2010 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 38 BOBBIN LANE?

38 BOBBIN LANE is 151m², which includes one extension, according to the EPC inspection conducted in October 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 38 BOBBIN LANE lies on this distribution: 87% of detached houses are smaller than 38 BOBBIN LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

38 BOBBIN LANE: Plot and Title Map

38 BOBBIN LANE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 38 BOBBIN LANE, 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 38 BOBBIN LANE). 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 38 BOBBIN LANE?

38 BOBBIN LANE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 38 on BOBBIN LANE.