51, FLAXLEY ROAD, LINCOLN, LN2 4GL - £215,000

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

51 FLAXLEY ROAD is a very large detached house of 158m², built sometime between 1996 and 2002. It was last sold for £215,000 in September 2010, which was around 25% above the average September 2010 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was C.

51 FLAXLEY ROAD Sold Prices

Land registry data shows two sales for 51 FLAXLEY 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 51 FLAXLEY ROAD 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
2010 1 SEP	£215,000	£172,047	25% above HPI
2005 29 JUN	£205,000	£176,206	16% above HPI

51 FLAXLEY 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 51 FLAXLEY ROAD sales from June 2005 and September 2010 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 June 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2010 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 51 FLAXLEY ROAD?

51 FLAXLEY ROAD is 158m² according to the EPC inspection conducted in May 2016. 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 51 FLAXLEY ROAD lies on this distribution: 89% of detached houses are smaller than 51 FLAXLEY ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

51 FLAXLEY ROAD: Plot and Title Map

51 FLAXLEY ROAD sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 51 FLAXLEY 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 51 FLAXLEY 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 51 FLAXLEY ROAD?

51 FLAXLEY ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 51 on FLAXLEY ROAD.