SUMMERDOWN, BEAUMONT FEE, LINCOLN, LN1 1EZ - £158,000

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

SUMMERDOWN is a large detached house of 111m², built sometime before 1900. It was last sold for £158,000 in December 2008, which was around 7% below the average December 2008 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

SUMMERDOWN Sold Prices

Land registry data shows three sales for SUMMERDOWN 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 SUMMERDOWN 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
2008 15 DEC	£158,000	£170,209	7% below HPI
1998 24 JUL	£59,500	£67,807	12% below HPI
1995 31 OCT	£56,000	£62,198	10% below HPI

SUMMERDOWN 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 SUMMERDOWN sales between October 1995 and December 2008 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 July 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2008 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is SUMMERDOWN?

SUMMERDOWN is 111m² according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where SUMMERDOWN lies on this distribution: 61% of detached houses are smaller than SUMMERDOWN, and 38% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

SUMMERDOWN: Plot and Title Map

SUMMERDOWN sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of SUMMERDOWN, 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 SUMMERDOWN). 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 SUMMERDOWN?

SUMMERDOWN is located on BEAUMONT FEE in LINCOLN, in the LN1 postcode district. The below map shows the position of SUMMERDOWN on BEAUMONT FEE.