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 MONKS MANOR DRIVE is a large extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £345,000 in June 2018, which was around 45% above the average June 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 8 MONKS MANOR DRIVE since 1st 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 8 MONKS MANOR 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 |
---|---|---|---|
2018 7 JUN | £345,000 | £237,361 | 45% above HPI |
2004 20 DEC | £242,500 | £172,220 | 41% above HPI |
1999 10 AUG | £110,000 | £72,220 | 52% above HPI |
1996 28 MAY | £84,000 | £64,222 | 31% above HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 8 MONKS MANOR DRIVE sales between May 1996 and June 2018 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 2004 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2018 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.
8 MONKS MANOR DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in February 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 8 MONKS MANOR DRIVE lies on this distribution: 73% of detached houses are smaller than 8 MONKS MANOR DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
8 MONKS MANOR DRIVE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 8 MONKS MANOR 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 8 MONKS MANOR 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.
8 MONKS MANOR DRIVE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 8 on MONKS MANOR DRIVE.