TARA, EGERTON ROAD, LINCOLN, LN2 4PJ - £255,000

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

TARA is a small detached house of 83m². It was last sold for £255,000 in April 2018, which was around 6% above the average April 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

TARA Sold Prices

Land registry data shows two sales for TARA 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 TARA sales were 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
2018 23 APR	£255,000	£240,061	6% above HPI
2015 25 NOV	£230,000	£215,115	7% above HPI

TARA 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 TARA sales from November 2015 and April 2018 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 November 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2018 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is TARA?

TARA is 83m² according to the EPC inspection conducted in December 2017. 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 TARA lies on this distribution: 29% of detached houses are smaller than TARA, and 70% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

TARA: Plot and Title Map

TARA sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of TARA, 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 TARA). 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 TARA?

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