8, THE AVENUE, LINCOLN, LN1 1PB - £415,000

8 THE AVENUE is a very large extended detached house of 367m², built sometime between 1900 and 1929. It was last sold for £415,000 in March 2018, which was around 72% above the average March 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

8 THE AVENUE Sold Prices

Land registry data shows two sales for 8 THE AVENUE 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 8 THE AVENUE 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 9 MAR	£415,000	£240,723	72% above HPI
1999 16 FEB	£118,500	£68,626	73% above HPI

8 THE 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 two 8 THE AVENUE sales from February 1999 and March 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 February 1999 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the March 2018 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is 8 THE AVENUE?

8 THE AVENUE is 367m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 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 8 THE AVENUE lies on this distribution: More than 99% of detached houses are smaller than 8 THE AVENUE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 THE AVENUE: Plot and Title Map

8 THE AVENUE sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of 8 THE 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 8 THE 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 8 THE AVENUE?

8 THE AVENUE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 8 on THE AVENUE.