8, STATION ROAD, REEPHAM, LINCOLN, LN3 4DN - £295,000

8 STATION ROAD is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £295,000 in February 2022, which was around 6% above the average February 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

8 STATION ROAD Sold Prices

Land registry data shows four sales for 8 STATION ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four 8 STATION 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 18 FEB	£295,000	£277,480	6% above HPI
2020 2 MAR	£122,237	£225,880	46% below HPI
2001 16 JAN	£82,000	£79,477	3% above HPI
1999 27 AUG	£76,750	£69,017	11% above HPI

8 STATION ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 8 STATION ROAD sales between August 1999 and February 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 March 2020 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 8 STATION ROAD?

8 STATION ROAD is 74m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 8 STATION ROAD lies on this distribution: 11% of detached houses are smaller than 8 STATION ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Reepham.

8 STATION ROAD: Plot and Title Map

8 STATION ROAD sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 8 STATION 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 8 STATION 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 8 STATION ROAD?

8 STATION ROAD is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 8 on STATION ROAD.