25, MELBOURNE ROAD, LINCOLN, LN6 3QF - £185,000

25 MELBOURNE ROAD is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £185,000 in February 2023, which was around 38% below the average February 2023 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

25 MELBOURNE ROAD Sold Prices

Land registry data shows four sales for 25 MELBOURNE 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 Lincoln local authority area for the corresponding sale date. All of the four 25 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
2023 15 FEB	£185,000	£298,785	38% below HPI
2004 26 JAN	£110,000	£158,978	31% below HPI
1998 5 NOV	£48,500	£68,291	29% below HPI
1995 26 MAY	£46,000	£58,816	22% below HPI

25 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 four 25 MELBOURNE ROAD sales between May 1995 and February 2023 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 January 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 25 MELBOURNE ROAD?

25 MELBOURNE ROAD is 63m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 25 MELBOURNE ROAD lies on this distribution: 8% of detached houses are smaller than 25 MELBOURNE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

25 MELBOURNE ROAD: Plot and Title Map

25 MELBOURNE ROAD sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 25 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 25 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 25 MELBOURNE ROAD?

25 MELBOURNE ROAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 25 on MELBOURNE ROAD.