9, THE DRIFT, WALCOTT, LINCOLN, LN4 3SZ - £113,000

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

9 THE DRIFT is a very small semi-detached house of 57m², built sometime between 1991 and 1995. It was last sold for £113,000 in November 2015, which was around 47% below the average November 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

9 THE DRIFT Sold Prices

Land registry data shows three sales for 9 THE DRIFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 9 THE DRIFT 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
2015 26 NOV	£113,000	£211,957	47% below HPI
1999 17 MAR	£36,500	£70,736	48% below HPI
1995 24 MAR	£35,500	£63,361	44% below HPI

9 THE DRIFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 9 THE DRIFT sales between March 1995 and November 2015 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 March 1999 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2015 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 9 THE DRIFT?

9 THE DRIFT is 57m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where 9 THE DRIFT lies on this distribution: 4% of detached houses are smaller than 9 THE DRIFT, and 96% of houses are larger. Note that EPC data is not available for all properties in Walcott.

9 THE DRIFT: Plot and Title Map

9 THE DRIFT sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 9 THE DRIFT, 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 9 THE DRIFT). 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 9 THE DRIFT?

9 THE DRIFT is located in WALCOTT, in the LN4 postcode district. The below map shows the position of No. 9 on THE DRIFT.