40, LEE ROAD, LINCOLN, LN2 4BQ - £440,000

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

40 LEE ROAD is a very large extended semi-detached house of 138m², built sometime between 1900 and 1929. It was last sold for £440,000 in August 2022, which was around 48% above the average August 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

40 LEE ROAD Sold Prices

Land registry data shows two sales for 40 LEE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 40 LEE ROAD 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
2022 12 AUG	£440,000	£296,732	48% above HPI
2017 31 AUG	£300,000	£228,980	31% above HPI

40 LEE ROAD 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 two 40 LEE ROAD sales from August 2017 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 August 2017 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2022 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 40 LEE ROAD?

40 LEE ROAD is 138m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% 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 LEE ROAD lies on this distribution: 81% of detached houses are smaller than 40 LEE ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

40 LEE ROAD: Plot and Title Map

40 LEE ROAD sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 40 LEE ROAD, 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 LEE ROAD). 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 LEE ROAD?

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