40, SANDWELL DRIVE, LINCOLN, LN6 0XY - £340,000

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 SANDWELL DRIVE is a large extended detached house of 129m², built sometime between 1976 and 1982. It was last sold for £340,000 in February 2023, which was around 12% above the average February 2023 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

40 SANDWELL DRIVE Sold Prices

Land registry data shows four sales for 40 SANDWELL 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. two of the four 40 SANDWELL DRIVE sales were for above the average price, and four 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
2023 2 FEB	£340,000	£302,238	12% above HPI
2014 21 AUG	£180,000	£200,990	10% below HPI
2005 29 NOV	£237,500	£178,430	33% above HPI
1999 29 JAN	£60,000	£68,503	12% below HPI

40 SANDWELL 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 40 SANDWELL DRIVE sales between January 1999 and February 2023 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 40 SANDWELL DRIVE?

40 SANDWELL DRIVE is 129m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 30% 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 SANDWELL DRIVE lies on this distribution: 76% of detached houses are smaller than 40 SANDWELL DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

40 SANDWELL DRIVE: Plot and Title Map

40 SANDWELL DRIVE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 40 SANDWELL 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 40 SANDWELL 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 40 SANDWELL DRIVE?

40 SANDWELL DRIVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 40 on SANDWELL DRIVE.