112, SEARBY ROAD, LINCOLN, LN2 4DT - £132,000

112 SEARBY ROAD is a very small detached house of 65m², built sometime between 1991 and 1995. It was last sold for £132,000 in October 2004, which was around 25% below the average October 2004 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

112 SEARBY ROAD Sold Prices

Land registry data shows three sales for 112 SEARBY 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 Lincoln local authority area for the corresponding sale date. All of the three 112 SEARBY 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
2004 15 OCT	£132,000	£175,202	25% below HPI
2001 13 JUL	£67,000	£86,596	23% below HPI
1997 27 MAR	£49,000	£64,086	24% below HPI

112 SEARBY 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 three 112 SEARBY ROAD sales between March 1997 and October 2004 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 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2004 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 112 SEARBY ROAD?

112 SEARBY ROAD is 65m² according to the EPC inspection conducted in October 2022. 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 112 SEARBY ROAD lies on this distribution: 9% of detached houses are smaller than 112 SEARBY ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

112 SEARBY ROAD: Plot and Title Map

112 SEARBY ROAD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 112 SEARBY 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 112 SEARBY 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 112 SEARBY ROAD?

112 SEARBY ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 112 on SEARBY ROAD.