21, MELBOURNE ROAD, LINCOLN, LN6 3QF - £231,000

21 MELBOURNE ROAD is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £231,000 in January 2020, which was around 5% below the average January 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

21 MELBOURNE ROAD Sold Prices

Land registry data shows two sales for 21 MELBOURNE 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 21 MELBOURNE 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
2020 3 JAN	£231,000	£244,287	5% below HPI
1999 17 DEC	£66,000	£71,409	8% below HPI

21 MELBOURNE 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 21 MELBOURNE ROAD sales from December 1999 and January 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 December 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 21 MELBOURNE ROAD?

21 MELBOURNE ROAD is 89m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 21 MELBOURNE ROAD lies on this distribution: 37% of detached houses are smaller than 21 MELBOURNE ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

21 MELBOURNE ROAD: Plot and Title Map

21 MELBOURNE ROAD sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 21 MELBOURNE 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 21 MELBOURNE 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 21 MELBOURNE ROAD?

21 MELBOURNE ROAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 21 on MELBOURNE ROAD.