8, REDCOTE DRIVE, LINCOLN, LN6 7HQ - £183,000

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 REDCOTE DRIVE is a midsized detached house of 105m², built sometime between 1983 and 1990. It was last sold for £183,000 in January 2007, which was around 2% below the average January 2007 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

8 REDCOTE DRIVE Sold Prices

Land registry data shows three sales for 8 REDCOTE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Two of the three 8 REDCOTE DRIVE sales were for below the average price, whilst one 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
2007 19 JAN	£183,000	£187,367	2% below HPI
2002 12 JUN	£115,000	£108,734	6% above HPI
1998 30 JAN	£63,000	£66,894	6% below HPI

8 REDCOTE 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 three 8 REDCOTE DRIVE sales between January 1998 and January 2007 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 June 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2007 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 8 REDCOTE DRIVE?

8 REDCOTE DRIVE is 105m² according to the EPC inspection conducted in February 2013. This puts it in the largest 50% 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 REDCOTE DRIVE lies on this distribution: 55% of detached houses are smaller than 8 REDCOTE DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 REDCOTE DRIVE: Plot and Title Map

8 REDCOTE DRIVE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 8 REDCOTE 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 REDCOTE 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 8 REDCOTE DRIVE?

8 REDCOTE DRIVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 8 on REDCOTE DRIVE.