6, SEVERN STREET, LINCOLN, LN1 1SJ - £100,000

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 SEVERN STREET is a large detached house of 131m², built sometime before 1900. It was last sold for £100,000 in December 2011, which was around 42% below the average December 2011 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

6 SEVERN STREET Sold Prices

Land registry data shows two sales for 6 SEVERN STREET 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 6 SEVERN STREET 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
2011 22 DEC	£100,000	£172,579	42% below HPI
1997 31 OCT	£32,000	£64,537	50% below HPI

6 SEVERN STREET 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 6 SEVERN STREET sales from October 1997 and December 2011 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 October 1997 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2011 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 6 SEVERN STREET?

6 SEVERN STREET is 131m² according to the EPC inspection conducted in August 2016. 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 SEVERN STREET lies on this distribution: 78% of detached houses are smaller than 6 SEVERN STREET, and 22% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

6 SEVERN STREET: Plot and Title Map

6 SEVERN STREET sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 6 SEVERN STREET, 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 SEVERN STREET). 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 SEVERN STREET?

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