1, ALTHEA TERRACE, REEPHAM, LINCOLN, LN3 4DJ - £168,500

1 ALTHEA TERRACE is a very small extended detached house of 59m², built sometime before 1900. It was last sold for £168,500 in June 2021, which was around 34% below the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

1 ALTHEA TERRACE Sold Prices

Land registry data shows four sales for 1 ALTHEA TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 1 ALTHEA TERRACE 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
2021 25 JUN	£168,500	£256,967	34% below HPI
2001 24 AUG	£53,500	£83,390	36% below HPI
1999 7 MAY	£46,750	£65,557	29% below HPI
1995 24 JUL	£45,650	£64,230	29% below HPI

1 ALTHEA TERRACE 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 four 1 ALTHEA TERRACE sales between July 1995 and June 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 August 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 ALTHEA TERRACE?

1 ALTHEA TERRACE is 59m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 1 ALTHEA TERRACE lies on this distribution: 1% of detached houses are smaller than 1 ALTHEA TERRACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Reepham.

1 ALTHEA TERRACE: Plot and Title Map

1 ALTHEA TERRACE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 1 ALTHEA TERRACE, 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 1 ALTHEA TERRACE). 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 1 ALTHEA TERRACE?

1 ALTHEA TERRACE is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 1 on ALTHEA TERRACE.