MIDWAY, LINCOLN ROAD, NETTLEHAM, LINCOLN, LN2 2NF - £188,750

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

MIDWAY is a midsized extended semi-detached house of 94m², built sometime between 1950 and 1966. It was last sold for £188,750 in November 2014, which was around 7% below the average November 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

MIDWAY Sold Prices

Land registry data shows two sales for MIDWAY 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. Both of the two MIDWAY 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
2014 21 NOV	£188,750	£203,895	7% below HPI
2004 18 JUN	£148,000	£169,751	13% below HPI

MIDWAY 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 MIDWAY sales from June 2004 and November 2014 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 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is MIDWAY?

MIDWAY is 94m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 MIDWAY lies on this distribution: 42% of detached houses are smaller than MIDWAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

MIDWAY: Plot and Title Map

MIDWAY sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of MIDWAY, 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 MIDWAY). 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 MIDWAY?

MIDWAY is located on LINCOLN ROAD in NETTLEHAM, in the LN2 postcode district. The below map shows the position of MIDWAY on LINCOLN ROAD.