6, CARRAM WAY, LINCOLN, LN1 1AB - £278,000

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

6 CARRAM WAY is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £278,000 in April 2019, which was around 9% above the average April 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

6 CARRAM WAY Sold Prices

Land registry data shows four sales for 6 CARRAM WAY 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 6 CARRAM WAY 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
2019 18 APR	£278,000	£255,076	9% above HPI
2005 11 FEB	£210,000	£168,232	25% above HPI
2004 28 MAY	£228,000	£168,493	35% above HPI
2001 14 DEC	£128,950	£95,497	35% above HPI

6 CARRAM WAY 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 6 CARRAM WAY sales between December 2001 and April 2019 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 February 2005 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the April 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 6 CARRAM WAY?

6 CARRAM WAY is 125m² according to the EPC inspection conducted in November 2018. This puts it in the largest 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 6 CARRAM WAY lies on this distribution: 73% of detached houses are smaller than 6 CARRAM WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

6 CARRAM WAY: Plot and Title Map

6 CARRAM WAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 6 CARRAM WAY, 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 6 CARRAM WAY). 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 6 CARRAM WAY?

6 CARRAM WAY is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 6 on CARRAM WAY.