58, VENABLES WAY, LINCOLN, LN2 4WN - £250,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

58 VENABLES WAY is a very large extended detached house of 156m², built sometime between 2003 and 2006, which could now be worth an estimated £312,897. It was last sold for £250,500 in May 2018, which was around 4% above the average May 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

58 VENABLES WAY Sold Prices

Land registry data shows two sales for 58 VENABLES WAY 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 58 VENABLES WAY 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
2018 11 MAY	£250,500	£241,557	4% above HPI
2003 30 SEP	£185,000	£155,474	19% above HPI

58 VENABLES WAY 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 58 VENABLES WAY sales from September 2003 and May 2018 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 September 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 58 VENABLES WAY be worth now?

58 VENABLES WAY might now be worth an estimated £312,897.

This is based on house price inflation of 24.9%, between May 2018 and March 2025, for detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for 58 VENABLES WAY of £250,500 on 11th May 2018. For the value to have increased from £250,500 to £312,897 over the seven years and two months to March 2025, the following assumptions must hold true:

• The value of 58 VENABLES WAY has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The May 2018 sale price of £250,500 represented a fair market value for the property.
• The size, condition, and specification of 58 VENABLES WAY has not materially changed since May 2018.

How Large is 58 VENABLES WAY?

58 VENABLES WAY is 156m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 20% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 58 VENABLES WAY lies on this distribution: 88% of detached houses houses are smaller than 58 VENABLES WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

58 VENABLES WAY: Plot and Title Map

58 VENABLES WAY sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 58 VENABLES WAY, 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 58 VENABLES WAY). 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 58 VENABLES WAY?

58 VENABLES WAY is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 58 on VENABLES WAY.