40, BOBBIN LANE, LINCOLN, LN2 4ZB - £320,000

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

40 BOBBIN LANE is a large detached house of 111m², built sometime between 2007 and 2011. It was last sold for £320,000 in July 2022, which was around 11% above the average July 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

40 BOBBIN LANE Sold Prices

Land registry data shows three sales for 40 BOBBIN LANE 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. Two of the three 40 BOBBIN LANE sales were for above the average price, whilst one was 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 22 JUL	£320,000	£289,063	11% above HPI
2015 30 OCT	£198,500	£209,684	5% below HPI
2011 9 DEC	£205,000	£172,579	19% above HPI

40 BOBBIN LANE 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 40 BOBBIN LANE sales between December 2011 and July 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 October 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 40 BOBBIN LANE?

40 BOBBIN LANE is 111m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 40 BOBBIN LANE lies on this distribution: 61% of detached houses are smaller than 40 BOBBIN LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

40 BOBBIN LANE: Plot and Title Map

40 BOBBIN LANE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 40 BOBBIN LANE, 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 40 BOBBIN LANE). 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 40 BOBBIN LANE?

40 BOBBIN LANE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 40 on BOBBIN LANE.