4, FORDHAM DRIVE, LINCOLN, LN1 1AJ - £287,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 FORDHAM DRIVE is a midsized extended detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £336,383. It was last sold for £287,000 in October 2020, which was around 11% above the average October 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

4 FORDHAM DRIVE Sold Prices

Land registry data shows four sales for 4 FORDHAM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Most of the four 4 FORDHAM 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 2 OCT	£287,000	£257,431	11% above HPI
2014 22 AUG	£212,000	£203,536	4% above HPI
2010 7 JUL	£172,500	£177,441	3% below HPI
2002 26 APR	£104,950	£102,191	3% above HPI

4 FORDHAM 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 four 4 FORDHAM DRIVE sales between April 2002 and October 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 August 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 4 FORDHAM DRIVE be worth now?

4 FORDHAM DRIVE might now be worth an estimated £336,383.

This is based on house price inflation of 17.2%, between October 2020 and March 2025, for detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.2% inflationary increase is applied to the most recent sale price for 4 FORDHAM DRIVE of £287,000 on 2nd October 2020. For the value to have increased from £287,000 to £336,383 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of 4 FORDHAM DRIVE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The October 2020 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FORDHAM DRIVE has not materially changed since October 2020.

How Large is 4 FORDHAM DRIVE?

4 FORDHAM DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 4 FORDHAM DRIVE lies on this distribution: 54% of detached houses houses are smaller than 4 FORDHAM DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 FORDHAM DRIVE: Plot and Title Map

4 FORDHAM DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 4 FORDHAM 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 4 FORDHAM 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 4 FORDHAM DRIVE?

4 FORDHAM DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 4 on FORDHAM DRIVE.