8, AZALEA ROAD, LINCOLN, LN2 4UB - £150,000

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

8 AZALEA ROAD is a small detached house of 91m², built sometime between 1991 and 1995. It was last sold for £150,000 in November 2011, which was around 13% below the average November 2011 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

8 AZALEA ROAD Sold Prices

Land registry data shows two sales for 8 AZALEA 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. One of the two 8 AZALEA ROAD sales was for below the average price, whilst the other was 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
2011 17 NOV	£150,000	£171,917	13% below HPI
1999 23 AUG	£79,950	£72,220	11% above HPI

8 AZALEA 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 8 AZALEA ROAD sales from August 1999 and November 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 August 1999 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2011 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 AZALEA ROAD?

8 AZALEA ROAD is 91m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 8 AZALEA ROAD lies on this distribution: 39% of detached houses are smaller than 8 AZALEA ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 AZALEA ROAD: Plot and Title Map

8 AZALEA ROAD sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 8 AZALEA 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 8 AZALEA 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 8 AZALEA ROAD?

8 AZALEA ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 8 on AZALEA ROAD.