344, MONKS ROAD, LINCOLN, LN2 5PP - £155,000

344 MONKS ROAD is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £155,000 in October 2021, which was around 46% below the average October 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2019, where the current energy rating was F, and the potential energy rating was B.

344 MONKS ROAD Sold Prices

Land registry data shows two sales for 344 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 344 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
2021 28 OCT	£155,000	£288,020	46% below HPI
2020 28 FEB	£110,000	£246,634	55% below HPI

344 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 344 MONKS ROAD sales from February 2020 and October 2021 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 February 2020 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the October 2021 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 344 MONKS ROAD?

344 MONKS ROAD is 66m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 344 MONKS ROAD lies on this distribution: 10% of detached houses are smaller than 344 MONKS ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

344 MONKS ROAD: Plot and Title Map

344 MONKS ROAD sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 344 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 344 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 344 MONKS ROAD?

344 MONKS ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 344 on MONKS ROAD.