2A, THE GROVE, LINCOLN, LN2 1RG - £750,000

2A THE GROVE is a very large extended detached house of 186m², built sometime between 1976 and 1982. It was last sold for £750,000 in February 2023, which was around 149% above the average February 2023 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.

2A THE GROVE Sold Prices

Land registry data shows three sales for 2A THE GROVE 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 2A THE GROVE 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 1 FEB	£750,000	£300,780	149% above HPI
2014 19 NOV	£318,000	£203,895	56% above HPI
1996 20 DEC	£145,000	£63,111	130% above HPI

2A THE GROVE 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 2A THE GROVE sales between December 1996 and February 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 November 2014 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the February 2023 sale, where it rises to 149% above the HPI. The line then continues to track at 149% above the HPI.

How Large is 2A THE GROVE?

2A THE GROVE is 186m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 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 2A THE GROVE lies on this distribution: 94% of detached houses are smaller than 2A THE GROVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2A THE GROVE: Plot and Title Map

2A THE GROVE sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of 2A THE GROVE, 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 2A THE GROVE). 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 2A THE GROVE?

2A THE GROVE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 2A on THE GROVE.