5, EARLS DRIVE, LINCOLN, LN6 7TY - £200,000

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 EARLS DRIVE is a small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £200,000 in August 2021, which was around 27% below the average August 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

5 EARLS DRIVE Sold Prices

Land registry data shows three sales for 5 EARLS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 5 EARLS DRIVE 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 2 AUG	£200,000	£274,260	27% below HPI
2020 31 JUL	£150,000	£256,106	41% below HPI
1995 29 SEP	£55,000	£62,148	12% below HPI

5 EARLS 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 three 5 EARLS DRIVE sales between September 1995 and August 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 July 2020 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 EARLS DRIVE?

5 EARLS DRIVE is 77m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 5 EARLS DRIVE lies on this distribution: 22% of detached houses are smaller than 5 EARLS DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 EARLS DRIVE: Plot and Title Map

5 EARLS DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 5 EARLS 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 5 EARLS 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 5 EARLS DRIVE?

5 EARLS DRIVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 5 on EARLS DRIVE.