38, SHEARWATER ROAD, LINCOLN, LN6 0XA - £235,000

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 SHEARWATER ROAD is a midsized detached house of 104m², built sometime between 1983 and 1990. It was last sold for £235,000 in January 2018, which was about the average January 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

38 SHEARWATER ROAD Sold Prices

Land registry data shows two sales for 38 SHEARWATER ROAD 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. One of the two 38 SHEARWATER ROAD sales was roughly equal to the average price, whilst the other was 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
2018 19 JAN	£235,000	£236,080	Close to HPI
1997 10 JAN	£72,500	£64,024	13% above HPI

38 SHEARWATER ROAD 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 SHEARWATER ROAD sales from January 1997 and January 2018 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 January 1997 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 38 SHEARWATER ROAD?

38 SHEARWATER ROAD is 104m² according to the EPC inspection conducted in May 2012. This puts it in the largest 50% 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 SHEARWATER ROAD lies on this distribution: 54% of detached houses are smaller than 38 SHEARWATER ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

38 SHEARWATER ROAD: Plot and Title Map

38 SHEARWATER ROAD sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 38 SHEARWATER ROAD, 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 SHEARWATER ROAD). 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 SHEARWATER ROAD?

38 SHEARWATER ROAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 38 on SHEARWATER ROAD.