TWO CORNERS, CHURCH LANE, SUDBROOKE, LINCOLN, LN2 2QH - £585,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

TWO CORNERS is a very large extended detached house of 212m², built sometime between 1967 and 1975. It was last sold for £585,000 in December 2021, which was around 121% above the average December 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2020, where the current energy rating was E, and the potential energy rating was C.

TWO CORNERS Sold Prices

Land registry data shows three sales for TWO CORNERS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three TWO CORNERS 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
2021 6 DEC	£585,000	£265,050	121% above HPI
2010 19 FEB	£287,500	£179,383	60% above HPI
2007 3 DEC	£358,000	£201,838	77% above HPI

TWO CORNERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three TWO CORNERS sales between December 2007 and December 2021 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 February 2010 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the December 2021 sale, where it rises to 121% above the HPI. The line then continues to track at 121% above the HPI.

How Large is TWO CORNERS?

TWO CORNERS is 212m², which includes three extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 10% of detached houses in Sudbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbrooke, and where TWO CORNERS lies on this distribution: 90% of detached houses are smaller than TWO CORNERS, and 10% of houses are larger. Note that EPC data is not available for all properties in Sudbrooke.

TWO CORNERS: Plot and Title Map

TWO CORNERS sits on a plot of roughly 0.328 of an acre, or 1,325m². The below map shows the location of TWO CORNERS, 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 TWO CORNERS). 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 TWO CORNERS?

TWO CORNERS is located on CHURCH LANE in SUDBROOKE, in the LN2 postcode district. The below map shows the position of TWO CORNERS on CHURCH LANE.