45, SMITH STREET, LINCOLN, LN5 8HY - £133,000

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

45 SMITH STREET is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £133,000 in December 2021, which was around 54% below the average December 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

45 SMITH STREET Sold Prices

Land registry data shows four sales for 45 SMITH STREET 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. All of the four 45 SMITH STREET 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
2021 20 DEC	£133,000	£290,437	54% below HPI
2006 8 SEP	£118,500	£181,939	35% below HPI
2004 7 MAY	£107,950	£168,493	36% below HPI
2000 21 JAN	£43,950	£71,854	39% below HPI

45 SMITH STREET 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 45 SMITH STREET sales between January 2000 and December 2021 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 September 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2021 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 45 SMITH STREET?

45 SMITH STREET is 56m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 45 SMITH STREET lies on this distribution: 4% of detached houses are smaller than 45 SMITH STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

45 SMITH STREET: Plot and Title Map

45 SMITH STREET sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 45 SMITH STREET, 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 45 SMITH STREET). 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 45 SMITH STREET?

45 SMITH STREET is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 45 on SMITH STREET.