4, GREENBANK DRIVE, LINCOLN, LN6 7LQ - £290,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 GREENBANK DRIVE is a large extended detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £291,528. It was last sold for £290,000 in August 2022, which was around 3% below the average August 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

4 GREENBANK DRIVE Sold Prices

Land registry data shows three sales for 4 GREENBANK 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 4 GREENBANK 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
2022 3 AUG	£290,000	£300,491	3% below HPI
2017 28 APR	£195,000	£227,651	14% below HPI
2004 2 JUN	£160,000	£171,901	7% below HPI

4 GREENBANK 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 4 GREENBANK DRIVE sales between June 2004 and August 2022 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 April 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 4 GREENBANK DRIVE be worth now?

4 GREENBANK DRIVE might now be worth an estimated £291,528.

This is based on house price inflation of 0.5%, between August 2022 and December 2024, 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 0.5% inflationary increase is applied to the most recent sale price for 4 GREENBANK DRIVE of £290,000 on 3rd August 2022. For the value to have increased from £290,000 to £291,528 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 4 GREENBANK DRIVE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The August 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GREENBANK DRIVE has not materially changed since August 2022.

How Large is 4 GREENBANK DRIVE?

4 GREENBANK DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 40% 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 GREENBANK DRIVE lies on this distribution: 66% of detached houses houses are smaller than 4 GREENBANK DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 GREENBANK DRIVE: Plot and Title Map

4 GREENBANK DRIVE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 4 GREENBANK 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 GREENBANK 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 GREENBANK DRIVE?

4 GREENBANK DRIVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 4 on GREENBANK DRIVE.