1, AZALEA ROAD, LINCOLN, LN2 4UB - £155,000

1 AZALEA ROAD is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £155,000 in April 2017, which was around 31% below the average April 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

1 AZALEA ROAD Sold Prices

Land registry data shows two sales for 1 AZALEA ROAD 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 1 AZALEA ROAD 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
2017 19 APR	£155,000	£224,803	31% below HPI
1996 19 JUL	£51,950	£62,373	17% below HPI

1 AZALEA ROAD 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 1 AZALEA ROAD sales from July 1996 and April 2017 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 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 AZALEA ROAD?

1 AZALEA ROAD is 63m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 1 AZALEA ROAD lies on this distribution: 8% of detached houses are smaller than 1 AZALEA ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 AZALEA ROAD: Plot and Title Map

1 AZALEA ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 1 AZALEA ROAD, 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 AZALEA ROAD). 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 AZALEA ROAD?

1 AZALEA ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 1 on AZALEA ROAD.