1, KING EDWARD AVENUE, WOODHALL SPA, LN10 6RJ - £156,000

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.

1 KING EDWARD AVENUE is a small extended detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £265,984. It was last sold for £156,000 in February 2010, which was around 7% below the average February 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

1 KING EDWARD AVENUE Sold Prices

Land registry data shows three sales for 1 KING EDWARD 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 East Lindsey local authority area for the corresponding sale date. All of the three 1 KING EDWARD 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
2010 23 FEB	£156,000	£167,887	7% below HPI
2002 22 MAR	£69,950	£94,671	26% below HPI
1998 6 APR	£19,950	£61,247	67% below HPI

1 KING EDWARD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 1 KING EDWARD AVENUE sales between April 1998 and February 2010 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 March 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2010 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 1 KING EDWARD AVENUE be worth now?

1 KING EDWARD AVENUE might now be worth an estimated £265,984.

This is based on house price inflation of 70.5%, between February 2010 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.5% inflationary increase is applied to the most recent sale price for 1 KING EDWARD AVENUE of £156,000 on 23rd February 2010. For the value to have increased from £156,000 to £265,984 over the fifteen years to February 2025, the following assumptions must hold true:

• The value of 1 KING EDWARD AVENUE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2010 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 1 KING EDWARD AVENUE has not materially changed since February 2010.

How Large is 1 KING EDWARD AVENUE?

1 KING EDWARD AVENUE is 98m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of detached houses houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodhall Spa, and where 1 KING EDWARD AVENUE lies on this distribution: 28% of detached houses houses are smaller than 1 KING EDWARD AVENUE, and 72% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

1 KING EDWARD AVENUE: Plot and Title Map

1 KING EDWARD AVENUE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 1 KING EDWARD 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 1 KING EDWARD 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 1 KING EDWARD AVENUE?

1 KING EDWARD AVENUE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 1 on KING EDWARD AVENUE.