3, ELVINGTON ROAD, LINCOLN, LN6 0SP - £177,500

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.

3 ELVINGTON ROAD is a very small detached house of 47m², built sometime between 1976 and 1982, which could now be worth an estimated £210,804. It was last sold for £177,500 in August 2019, which was around 30% below the average August 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

3 ELVINGTON ROAD Sold Prices

Land registry data shows three sales for 3 ELVINGTON ROAD since 1^st 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. All of the three 3 ELVINGTON ROAD 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
2019 2 AUG	£177,500	£253,078	30% below HPI
2018 18 MAY	£181,000	£241,557	25% below HPI
2015 15 MAY	£120,000	£212,160	43% below HPI

3 ELVINGTON ROAD 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 three 3 ELVINGTON ROAD sales between May 2015 and August 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 May 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 ELVINGTON ROAD be worth now?

3 ELVINGTON ROAD might now be worth an estimated £210,804.

This is based on house price inflation of 18.8%, between August 2019 and February 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 18.8% inflationary increase is applied to the most recent sale price for 3 ELVINGTON ROAD of £177,500 on 2nd August 2019. For the value to have increased from £177,500 to £210,804 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 3 ELVINGTON ROAD has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The August 2019 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ELVINGTON ROAD has not materially changed since August 2019.

How Large is 3 ELVINGTON ROAD?

3 ELVINGTON ROAD is 47m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% 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 3 ELVINGTON ROAD lies on this distribution: 1% of detached houses houses are smaller than 3 ELVINGTON ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 ELVINGTON ROAD: Plot and Title Map

3 ELVINGTON ROAD sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 3 ELVINGTON 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 3 ELVINGTON 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.

Where is 3 ELVINGTON ROAD?

3 ELVINGTON ROAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 3 on ELVINGTON ROAD.