1, WOBURN AVENUE, LINCOLN, LN1 3HJ - £295,000

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 WOBURN AVENUE is a midsized detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £360,963. It was last sold for £295,000 in February 2019, which was around 17% above the average February 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

1 WOBURN AVENUE Sold Prices

Land registry data shows two sales for 1 WOBURN 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. One of the two 1 WOBURN AVENUE sales was for above the average price, whilst the other was 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 18 FEB	£295,000	£251,373	17% above HPI
2005 1 AUG	£175,000	£180,501	3% below HPI

1 WOBURN 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 1 WOBURN AVENUE sales from August 2005 and February 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 August 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 1 WOBURN AVENUE be worth now?

1 WOBURN AVENUE might now be worth an estimated £360,963.

This is based on house price inflation of 22.4%, between February 2019 and June 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 22.4% inflationary increase is applied to the most recent sale price for 1 WOBURN AVENUE of £295,000 on 18th February 2019. For the value to have increased from £295,000 to £360,963 over the five years and eight months to June 2025, the following assumptions must hold true:

• The value of 1 WOBURN AVENUE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The February 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WOBURN AVENUE has not materially changed since February 2019.

How Large is 1 WOBURN AVENUE?

1 WOBURN AVENUE is 93m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% 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 1 WOBURN AVENUE lies on this distribution: 42% of detached houses houses are smaller than 1 WOBURN AVENUE, and 58% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 WOBURN AVENUE: Plot and Title Map

1 WOBURN AVENUE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 1 WOBURN 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 WOBURN 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 WOBURN AVENUE?

1 WOBURN AVENUE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 1 on WOBURN AVENUE.