ARTAN HOUSE, NAAM GROVE, LINCOLN, LN1 3NL - £79,000

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

ARTAN HOUSE is a small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £79,000 in June 2002, which was around 27% below the average June 2002 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

ARTAN HOUSE Sold Prices

Land registry data shows three sales for ARTAN HOUSE 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. All of the three ARTAN HOUSE 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
2002 7 JUN	£79,000	£108,734	27% below HPI
1999 23 APR	£50,000	£69,845	28% below HPI
1995 17 FEB	£47,500	£60,493	21% below HPI

ARTAN HOUSE 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 ARTAN HOUSE sales between February 1995 and June 2002 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 April 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2002 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is ARTAN HOUSE?

ARTAN HOUSE is 78m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 ARTAN HOUSE lies on this distribution: 23% of detached houses are smaller than ARTAN HOUSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

ARTAN HOUSE: Plot and Title Map

ARTAN HOUSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of ARTAN HOUSE, 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 ARTAN HOUSE). 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 ARTAN HOUSE?

ARTAN HOUSE is located on NAAM GROVE in LINCOLN, in the LN1 postcode district. The below map shows the position of ARTAN HOUSE on NAAM GROVE.