402, MONKS ROAD, LINCOLN, LN2 5PZ - £155,000

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

402 MONKS ROAD is a small extended semi-detached house of 87m², built sometime between 1900 and 1929. It was last sold for £155,000 in March 2022, which was around 47% below the average March 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

402 MONKS ROAD Sold Prices

Land registry data shows two sales for 402 MONKS 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 402 MONKS ROAD 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 18 MAR	£155,000	£292,157	47% below HPI
2006 20 MAR	£84,000	£173,082	51% below HPI

402 MONKS 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 402 MONKS ROAD sales from March 2006 and March 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 March 2006 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the March 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 402 MONKS ROAD?

402 MONKS ROAD is 87m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 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 402 MONKS ROAD lies on this distribution: 34% of detached houses are smaller than 402 MONKS ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

402 MONKS ROAD: Plot and Title Map

402 MONKS ROAD sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 402 MONKS 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 402 MONKS 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 402 MONKS ROAD?

402 MONKS ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 402 on MONKS ROAD.