27, MARJORIE AVENUE, LINCOLN, LN6 7SD - £165,000

27 MARJORIE AVENUE is a very small detached house of 47m², built sometime between 1983 and 1990. It was last sold for £165,000 in October 2019, which was around 33% below the average October 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

27 MARJORIE AVENUE Sold Prices

Land registry data shows three sales for 27 MARJORIE AVENUE 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 27 MARJORIE AVENUE 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
2019 4 OCT	£165,000	£246,550	33% below HPI
2008 22 FEB	£149,000	£192,368	23% below HPI
2000 8 DEC	£54,000	£79,775	32% below HPI

27 MARJORIE AVENUE 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 27 MARJORIE AVENUE sales between December 2000 and October 2019 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 February 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 27 MARJORIE AVENUE?

27 MARJORIE AVENUE is 47m² according to the EPC inspection conducted in May 2019. 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 27 MARJORIE AVENUE lies on this distribution: 1% of detached houses are smaller than 27 MARJORIE AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

27 MARJORIE AVENUE: Plot and Title Map

27 MARJORIE AVENUE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 27 MARJORIE AVENUE, 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 27 MARJORIE AVENUE). 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 27 MARJORIE AVENUE?

27 MARJORIE AVENUE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 27 on MARJORIE AVENUE.