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
28 WEDGEWOOD ROAD is a midsized extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £169,950 in August 2014, which was around 15% below the average August 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 28 WEDGEWOOD ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. The three 28 WEDGEWOOD ROAD sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2014 20 AUG | £169,950 | £200,990 | 15% below HPI |
2005 15 JUL | £155,000 | £175,281 | 12% below HPI |
1997 12 DEC | £66,950 | £66,711 | Close to HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 28 WEDGEWOOD ROAD sales between December 1997 and August 2014 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 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
28 WEDGEWOOD ROAD is 98m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 28 WEDGEWOOD ROAD lies on this distribution: 46% of detached houses are smaller than 28 WEDGEWOOD ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
28 WEDGEWOOD ROAD sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 28 WEDGEWOOD ROAD, 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 28 WEDGEWOOD ROAD). 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.
28 WEDGEWOOD ROAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 28 on WEDGEWOOD ROAD.