11, STATION ROAD, REEPHAM, LINCOLN, LN3 4DN - £240,000

11 STATION ROAD is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £240,000 in November 2022, which was around 17% below the average November 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

11 STATION ROAD Sold Prices

Land registry data shows three sales for 11 STATION ROAD 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 11 STATION 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
2022 14 NOV	£240,000	£289,558	17% below HPI
2021 26 MAR	£205,000	£248,953	18% below HPI
1998 17 JUL	£54,950	£69,742	21% below HPI

11 STATION ROAD 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 11 STATION ROAD sales between July 1998 and November 2022 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 March 2021 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 11 STATION ROAD?

11 STATION ROAD is 74m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 11 STATION ROAD lies on this distribution: 11% of detached houses are smaller than 11 STATION ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Reepham.

11 STATION ROAD: Plot and Title Map

11 STATION ROAD sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 11 STATION 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 11 STATION 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 11 STATION ROAD?

11 STATION ROAD is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 11 on STATION ROAD.