5, BOBBIN LANE, LINCOLN, LN2 4ZB - £316,000

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

5 BOBBIN LANE is a very large detached house of 142m², built sometime between 2003 and 2006. It was last sold for £316,000 in November 2020, which was around 23% above the average November 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

5 BOBBIN LANE Sold Prices

Land registry data shows two sales for 5 BOBBIN LANE 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 5 BOBBIN LANE 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
2020 24 NOV	£316,000	£256,634	23% above HPI
2016 18 AUG	£259,950	£223,048	17% above HPI

5 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 two 5 BOBBIN LANE sales from August 2016 and November 2020 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 2016 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2020 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 5 BOBBIN LANE?

5 BOBBIN LANE is 142m² according to the EPC inspection conducted in October 2020. 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 5 BOBBIN LANE lies on this distribution: 83% of detached houses are smaller than 5 BOBBIN LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 BOBBIN LANE: Plot and Title Map

5 BOBBIN LANE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 5 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 5 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 5 BOBBIN LANE?

5 BOBBIN LANE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 5 on BOBBIN LANE.