3, CANBERRA WAY, SKELLINGTHORPE, LINCOLN, LN6 5TJ - £213,000

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

3 CANBERRA WAY is a midsized detached house of 93m², built sometime between 1983 and 1990. It was last sold for £213,000 in September 2021, which was around 24% below the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

3 CANBERRA WAY Sold Prices

Land registry data shows four sales for 3 CANBERRA WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 3 CANBERRA WAY 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
2021 7 SEP	£213,000	£281,947	24% below HPI
2018 24 AUG	£185,000	£253,242	27% below HPI
2010 5 FEB	£165,000	£184,673	11% below HPI
1996 19 DEC	£57,445	£63,671	10% below HPI

3 CANBERRA WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 3 CANBERRA WAY sales between December 1996 and September 2021 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 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 CANBERRA WAY?

3 CANBERRA WAY is 93m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of detached houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Skellingthorpe, and where 3 CANBERRA WAY lies on this distribution: 47% of detached houses are smaller than 3 CANBERRA WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

3 CANBERRA WAY: Plot and Title Map

3 CANBERRA WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 3 CANBERRA WAY, 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 3 CANBERRA WAY). 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 3 CANBERRA WAY?

3 CANBERRA WAY is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 3 on CANBERRA WAY.