2, LINCOLN TERRACE, FELIXSTOWE, IP11 7QA - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 LINCOLN TERRACE is a small extended semi-detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £335,488. It was last sold for £295,000 in September 2021, which was around 20% above the average September 2021 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

2 LINCOLN TERRACE Sold Prices

Land registry data shows two sales for 2 LINCOLN TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 2 LINCOLN TERRACE 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 10 SEP	£295,000	£245,373	20% above HPI
2016 12 MAY	£220,000	£194,711	13% above HPI

2 LINCOLN TERRACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 2 LINCOLN TERRACE sales from May 2016 and September 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 May 2016 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 LINCOLN TERRACE be worth now?

2 LINCOLN TERRACE might now be worth an estimated £335,488.

This is based on house price inflation of 13.7%, between September 2021 and February 2025, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 2 LINCOLN TERRACE of £295,000 on 10th September 2021. For the value to have increased from £295,000 to £335,488 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 LINCOLN TERRACE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The September 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LINCOLN TERRACE has not materially changed since September 2021.

How Large is 2 LINCOLN TERRACE?

2 LINCOLN TERRACE is 90m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of semi-detached houses houses in Felixstowe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Felixstowe, and where 2 LINCOLN TERRACE lies on this distribution: 28% of semi-detached houses houses are smaller than 2 LINCOLN TERRACE, and 71% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

2 LINCOLN TERRACE: Plot and Title Map

2 LINCOLN TERRACE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 2 LINCOLN 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 2 LINCOLN 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 2 LINCOLN TERRACE?

2 LINCOLN TERRACE is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 2 on LINCOLN TERRACE.