48, ROCHESTER DRIVE, LINCOLN, LN6 0XJ - £160,000

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.

48 ROCHESTER DRIVE is a very small terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £199,452. It was last sold for £160,000 in May 2020, which was around 26% above the average May 2020 terraced price in the Lincoln local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

48 ROCHESTER DRIVE Sold Prices

Land registry data shows three sales for 48 ROCHESTER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. Two of the three 48 ROCHESTER DRIVE sales were for above the average price, whilst one was 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
2020 13 MAY	£160,000	£127,273	26% above HPI
2010 26 APR	£97,500	£92,217	6% above HPI
2003 14 AUG	£45,000	£70,045	36% below HPI

48 ROCHESTER 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 three 48 ROCHESTER DRIVE sales between August 2003 and May 2020 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 April 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2020 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 48 ROCHESTER DRIVE be worth now?

48 ROCHESTER DRIVE might now be worth an estimated £199,452.

This is based on house price inflation of 24.7%, between May 2020 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 24.7% inflationary increase is applied to the most recent sale price for 48 ROCHESTER DRIVE of £160,000 on 13th May 2020. For the value to have increased from £160,000 to £199,452 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 48 ROCHESTER DRIVE has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The May 2020 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 48 ROCHESTER DRIVE has not materially changed since May 2020.

How Large is 48 ROCHESTER DRIVE?

48 ROCHESTER DRIVE is 56m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% 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 48 ROCHESTER DRIVE lies on this distribution: 4% of terraced houses houses are smaller than 48 ROCHESTER DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

48 ROCHESTER DRIVE: Plot and Title Map

48 ROCHESTER DRIVE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 48 ROCHESTER 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 48 ROCHESTER 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 48 ROCHESTER DRIVE?

48 ROCHESTER DRIVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 48 on ROCHESTER DRIVE.