12, MAXWELL AVENUE, LINCOLN, LN6 7UX - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 MAXWELL AVENUE is a small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £225,000 in June 2020, which was around 13% below the average June 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

12 MAXWELL AVENUE Sold Prices

Land registry data shows two sales for 12 MAXWELL 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 12 MAXWELL 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
2020 1 JUN	£225,000	£257,905	13% below HPI
2014 27 MAY	£163,000	£199,956	18% below HPI

12 MAXWELL 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 12 MAXWELL AVENUE sales from May 2014 and June 2020 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 May 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 12 MAXWELL AVENUE?

12 MAXWELL AVENUE is 79m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 12 MAXWELL AVENUE lies on this distribution: 24% of detached houses are smaller than 12 MAXWELL AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

12 MAXWELL AVENUE: Plot and Title Map

12 MAXWELL AVENUE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 12 MAXWELL 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 12 MAXWELL 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 12 MAXWELL AVENUE?

12 MAXWELL AVENUE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 12 on MAXWELL AVENUE.