6, RICHARDS AVENUE, LINCOLN, LN6 8SJ - £195,000

6 RICHARDS AVENUE is a midsized detached house of 96m², built sometime between 1967 and 1975. It was last sold for £195,000 in September 2019, which was around 22% below the average September 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

6 RICHARDS AVENUE Sold Prices

Land registry data shows five sales for 6 RICHARDS AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the five 6 RICHARDS 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 20 SEP	£195,000	£249,069	22% below HPI
2015 4 SEP	£196,500	£210,630	7% below HPI
2009 15 MAY	£135,000	£164,229	18% below HPI
2008 31 MAR	£150,000	£194,831	23% below HPI
2001 27 APR	£65,000	£82,722	21% below HPI

6 RICHARDS 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 five 6 RICHARDS AVENUE sales between April 2001 and September 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 September 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 6 RICHARDS AVENUE?

6 RICHARDS AVENUE is 96m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 6 RICHARDS AVENUE lies on this distribution: 44% of detached houses are smaller than 6 RICHARDS AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

6 RICHARDS AVENUE: Plot and Title Map

6 RICHARDS AVENUE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 6 RICHARDS 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 6 RICHARDS 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 6 RICHARDS AVENUE?

6 RICHARDS AVENUE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 6 on RICHARDS AVENUE.