253, MONKS ROAD, LINCOLN, LN2 5JX - £135,000

253 MONKS ROAD is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £135,000 in May 2014, which was around 32% below the average May 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

253 MONKS ROAD Sold Prices

Land registry data shows two sales for 253 MONKS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 253 MONKS 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 22 MAY	£135,000	£199,956	32% below HPI
1997 17 NOV	£54,000	£65,072	17% below HPI

253 MONKS 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 two 253 MONKS ROAD sales from November 1997 and May 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 November 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 253 MONKS ROAD?

253 MONKS ROAD is 89m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 253 MONKS ROAD lies on this distribution: 37% of detached houses are smaller than 253 MONKS ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

253 MONKS ROAD: Plot and Title Map

253 MONKS ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 253 MONKS 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 253 MONKS 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 253 MONKS ROAD?

253 MONKS ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 253 on MONKS ROAD.