3, MANRICO DRIVE, LINCOLN, LN1 1AD - £179,950

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.

3 MANRICO DRIVE is a small terraced house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £254,822. It was last sold for £179,950 in January 2017, which was around 61% above the average January 2017 terraced price in the Lincoln local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

3 MANRICO DRIVE Sold Prices

Land registry data shows four sales for 3 MANRICO DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. All of the four 3 MANRICO DRIVE 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
2017 26 JAN	£179,950	£112,039	61% above HPI
2013 22 NOV	£150,000	£98,370	52% above HPI
2004 17 DEC	£146,000	£87,564	67% above HPI
2002 28 MAR	£87,950	£44,147	99% above HPI

3 MANRICO DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lincoln local authority area over time, sourced from the HPI. The four 3 MANRICO DRIVE sales between March 2002 and January 2017 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 2013 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the January 2017 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 3 MANRICO DRIVE be worth now?

3 MANRICO DRIVE might now be worth an estimated £254,822.

This is based on house price inflation of 41.6%, between January 2017 and June 2025, for terraced houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.6% inflationary increase is applied to the most recent sale price for 3 MANRICO DRIVE of £179,950 on 26th January 2017. For the value to have increased from £179,950 to £254,822 over the seven years and seven months to June 2025, the following assumptions must hold true:

• The value of 3 MANRICO DRIVE has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The January 2017 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 3 MANRICO DRIVE has not materially changed since January 2017.

How Large is 3 MANRICO DRIVE?

3 MANRICO DRIVE is 87m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of terraced houses houses in Lincoln, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lincoln, and where 3 MANRICO DRIVE lies on this distribution: 34% of terraced houses houses are smaller than 3 MANRICO DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 MANRICO DRIVE: Plot and Title Map

3 MANRICO DRIVE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 3 MANRICO DRIVE, 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 3 MANRICO DRIVE). 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 3 MANRICO DRIVE?

3 MANRICO DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 3 on MANRICO DRIVE.