38, THORESWAY DRIVE, LINCOLN, LN2 2DA - £148,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

38 THORESWAY DRIVE is a small semi-detached house of 77m², built sometime between 1950 and 1966. It was last sold for £148,000 in August 2021, which was around 46% below the average August 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

38 THORESWAY DRIVE Sold Prices

Land registry data shows three sales for 38 THORESWAY DRIVE since 1^st 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 38 THORESWAY 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
2021 10 AUG	£148,000	£274,260	46% below HPI
2014 16 MAY	£113,000	£199,956	43% below HPI
2004 2 APR	£71,000	£164,866	57% below HPI

38 THORESWAY DRIVE 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 three 38 THORESWAY DRIVE sales between April 2004 and August 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 May 2014 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2021 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 38 THORESWAY DRIVE?

38 THORESWAY DRIVE is 77m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% 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 THORESWAY DRIVE lies on this distribution: 22% of detached houses are smaller than 38 THORESWAY DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

38 THORESWAY DRIVE: Plot and Title Map

38 THORESWAY DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 38 THORESWAY 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 38 THORESWAY 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.

Where is 38 THORESWAY DRIVE?

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