23, RICHARDS AVENUE, LINCOLN, LN6 8SJ - £135,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 RICHARDS AVENUE is a very small semi-detached house of 75m², built sometime between 1967 and 1975. It was last sold for £135,000 in June 2012, which was around 18% above the average June 2012 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

23 RICHARDS AVENUE Sold Prices

Land registry data shows three sales for 23 RICHARDS AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. All of the three 23 RICHARDS 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
2012 25 JUN	£135,000	£114,199	18% above HPI
2010 27 JUL	£127,950	£115,738	11% above HPI
2000 5 MAY	£50,000	£46,246	8% above HPI

23 RICHARDS AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 23 RICHARDS AVENUE sales between May 2000 and June 2012 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 July 2010 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2012 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 23 RICHARDS AVENUE be worth now?

23 RICHARDS AVENUE might now be worth an estimated £238,192.

This is based on house price inflation of 76.4%, between June 2012 and December 2024, for semi-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 76.4% inflationary increase is applied to the most recent sale price for 23 RICHARDS AVENUE of £135,000 on 25th June 2012. For the value to have increased from £135,000 to £238,192 over the eleven years and six months to December 2024, the following assumptions must hold true:

• The value of 23 RICHARDS AVENUE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The June 2012 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 23 RICHARDS AVENUE has not materially changed since June 2012.

How Large is 23 RICHARDS AVENUE?

23 RICHARDS AVENUE is 75m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 23 RICHARDS AVENUE lies on this distribution: 19% of semi-detached houses houses are smaller than 23 RICHARDS AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

23 RICHARDS AVENUE: Plot and Title Map

23 RICHARDS AVENUE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 23 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 23 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 23 RICHARDS AVENUE?

23 RICHARDS AVENUE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 23 on RICHARDS AVENUE.