6, GREENBANK DRIVE, LINCOLN, LN6 7LQ - £255,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 GREENBANK DRIVE is a very large detached house of 146m², built sometime between 1967 and 1975. It was last sold for £255,500 in May 2019, which was around 1% above the average May 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

6 GREENBANK DRIVE Sold Prices

Land registry data shows four sales for 6 GREENBANK DRIVE 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 GREENBANK DRIVE 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 24 MAY	£255,500	£252,590	1% above HPI
2017 6 DEC	£240,000	£233,295	3% above HPI
2004 21 MAY	£175,000	£168,493	4% above HPI
2004 30 JAN	£176,350	£158,978	11% above HPI

6 GREENBANK 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 four 6 GREENBANK DRIVE sales between January 2004 and May 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 December 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2019 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 6 GREENBANK DRIVE?

6 GREENBANK DRIVE is 146m² according to the EPC inspection conducted in August 2017. 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 6 GREENBANK DRIVE lies on this distribution: 85% of detached houses are smaller than 6 GREENBANK DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

6 GREENBANK DRIVE: Plot and Title Map

6 GREENBANK DRIVE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 6 GREENBANK 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 6 GREENBANK 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 6 GREENBANK DRIVE?

6 GREENBANK DRIVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 6 on GREENBANK DRIVE.