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
4 FORDHAM DRIVE is a midsized extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £287,000 in October 2020, which was around 13% 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.
Land registry data shows four sales for 4 FORDHAM DRIVE since 1st 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 | £254,211 | 13% above HPI |
2014 22 AUG | £212,000 | £200,990 | 5% above HPI |
2010 7 JUL | £172,500 | £175,222 | 2% below HPI |
2002 26 APR | £104,950 | £100,913 | 4% above HPI |
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 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2020 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
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 in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 4 FORDHAM DRIVE lies on this distribution: 54% of detached houses are smaller than 4 FORDHAM DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
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.
4 FORDHAM DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 4 on FORDHAM DRIVE.