2, NORMANBY ROAD, STOW, LINCOLN, LN1 2DF - £128,000

2 NORMANBY ROAD is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £128,000 in October 2014, which was around 30% below the average October 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

2 NORMANBY ROAD Sold Prices

Land registry data shows four sales for 2 NORMANBY ROAD 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 2 NORMANBY 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
2014 31 OCT	£128,000	£183,545	30% below HPI
2006 8 DEC	£124,000	£188,712	34% below HPI
2001 17 AUG	£69,000	£83,390	17% below HPI
1998 30 NOV	£47,000	£67,211	30% below HPI

2 NORMANBY 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 four 2 NORMANBY ROAD sales between November 1998 and October 2014 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 December 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 NORMANBY ROAD?

2 NORMANBY ROAD is 60m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Stow, based on EPC data. The below chart shows the distribution of detached houses by size in Stow, and where 2 NORMANBY ROAD lies on this distribution: Less than 1% of detached houses are smaller than 2 NORMANBY ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stow.

2 NORMANBY ROAD: Plot and Title Map

2 NORMANBY ROAD sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 2 NORMANBY 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 2 NORMANBY 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 2 NORMANBY ROAD?

2 NORMANBY ROAD is located in STOW, in the LN1 postcode district. The below map shows the position of No. 2 on NORMANBY ROAD.