23, RECTORY ROAD, COLEBY, LINCOLN, LN5 0AJ - £315,000

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.

23 RECTORY ROAD is a midsized extended terraced house of 143m², built sometime between 1950 and 1966, which could now be worth an estimated £326,065. It was last sold for £315,000 in May 2023, which was around 94% above the average May 2023 terraced price in the North Kesteven local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

23 RECTORY ROAD Sold Prices

Land registry data shows two sales for 23 RECTORY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. Both of the two 23 RECTORY ROAD 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
2023 26 MAY	£315,000	£162,233	94% above HPI
2017 8 DEC	£212,000	£130,632	62% above HPI

23 RECTORY ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The two 23 RECTORY ROAD sales from December 2017 and May 2023 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 2017 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the May 2023 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might 23 RECTORY ROAD be worth now?

23 RECTORY ROAD might now be worth an estimated £326,065.

This is based on house price inflation of 3.5%, between May 2023 and May 2026, for terraced houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% inflationary increase is applied to the most recent sale price for 23 RECTORY ROAD of £315,000 on 26th May 2023. For the value to have increased from £315,000 to £326,065 over the three years to May 2026, the following assumptions must hold true:

• The value of 23 RECTORY ROAD has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The May 2023 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 23 RECTORY ROAD has not materially changed since May 2023.

How Large is 23 RECTORY ROAD?

23 RECTORY ROAD is 143m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of terraced houses houses in Coleby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Coleby, and where 23 RECTORY ROAD lies on this distribution: 42% of terraced houses houses are smaller than 23 RECTORY ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Coleby.

23 RECTORY ROAD: Plot and Title Map

23 RECTORY ROAD sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 23 RECTORY 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 23 RECTORY 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 23 RECTORY ROAD?

23 RECTORY ROAD is located in COLEBY, in the LN5 postcode district. The below map shows the position of No. 23 on RECTORY ROAD.