40, LEE ROAD, LINCOLN, LN2 4BQ - £440,000

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.

40 LEE ROAD is a very large extended semi-detached house of 138m², built sometime between 1900 and 1929, which could now be worth an estimated £453,675. It was last sold for £440,000 in August 2022, which was around 123% above the average August 2022 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

40 LEE ROAD Sold Prices

Land registry data shows two sales for 40 LEE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 40 LEE 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
2022 12 AUG	£440,000	£197,660	123% above HPI
2017 31 AUG	£300,000	£150,331	100% above HPI

40 LEE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 40 LEE ROAD sales from August 2017 and August 2022 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 August 2017 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the August 2022 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

What might 40 LEE ROAD be worth now?

40 LEE ROAD might now be worth an estimated £453,675.

This is based on house price inflation of 3.1%, between August 2022 and July 2025, for semi-detached 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 3.1% inflationary increase is applied to the most recent sale price for 40 LEE ROAD of £440,000 on 12th August 2022. For the value to have increased from £440,000 to £453,675 over the three years and one month to July 2025, the following assumptions must hold true:

• The value of 40 LEE ROAD has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The August 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 40 LEE ROAD has not materially changed since August 2022.

How Large is 40 LEE ROAD?

40 LEE ROAD is 138m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 40 LEE ROAD lies on this distribution: 81% of semi-detached houses houses are smaller than 40 LEE ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

40 LEE ROAD: Plot and Title Map

40 LEE ROAD sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 40 LEE 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 40 LEE 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 40 LEE ROAD?

40 LEE ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 40 on LEE ROAD.