5, THE MEAD, LINCOLN, LN6 7LA - £235,000

5 THE MEAD is a midsized detached house of 103m², built sometime between 1967 and 1975. It was last sold for £235,000 in March 2021, which was around 11% below the average March 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

5 THE MEAD Sold Prices

Land registry data shows three sales for 5 THE MEAD 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 5 THE MEAD 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 26 MAR	£235,000	£263,492	11% below HPI
2016 26 AUG	£164,500	£223,048	26% below HPI
1999 26 MAR	£47,500	£69,124	31% below HPI

5 THE MEAD 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 5 THE MEAD sales between March 1999 and March 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 August 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 THE MEAD?

5 THE MEAD is 103m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 5 THE MEAD lies on this distribution: 53% of detached houses are smaller than 5 THE MEAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 THE MEAD: Plot and Title Map

5 THE MEAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 5 THE MEAD, 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 5 THE MEAD). 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 5 THE MEAD?

5 THE MEAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 5 on THE MEAD.