3, JUBILEE AVENUE, FALDINGWORTH, MARKET RASEN, LN8 3FF - £337,500

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 JUBILEE AVENUE is a large detached house of 166m², built sometime between 2003 and 2006, which could now be worth an estimated £360,705. It was last sold for £337,500 in March 2023, which was around 24% above the average March 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

3 JUBILEE AVENUE Sold Prices

Land registry data shows two sales for 3 JUBILEE 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 West Lindsey local authority area for the corresponding sale date. Both of the two 3 JUBILEE 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
2023 16 MAR	£337,500	£272,386	24% above HPI
2004 3 SEP	£249,950	£178,929	40% above HPI

3 JUBILEE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 3 JUBILEE AVENUE sales from September 2004 and March 2023 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 September 2004 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 3 JUBILEE AVENUE be worth now?

3 JUBILEE AVENUE might now be worth an estimated £360,705.

This is based on house price inflation of 6.9%, between March 2023 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.9% inflationary increase is applied to the most recent sale price for 3 JUBILEE AVENUE of £337,500 on 16th March 2023. For the value to have increased from £337,500 to £360,705 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 3 JUBILEE AVENUE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2023 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 3 JUBILEE AVENUE has not materially changed since March 2023.

How Large is 3 JUBILEE AVENUE?

3 JUBILEE AVENUE is 166m² according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses houses in Faldingworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Faldingworth, and where 3 JUBILEE AVENUE lies on this distribution: 64% of detached houses houses are smaller than 3 JUBILEE AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Faldingworth.

3 JUBILEE AVENUE: Plot and Title Map

3 JUBILEE AVENUE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 3 JUBILEE 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 3 JUBILEE 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 3 JUBILEE AVENUE?

3 JUBILEE AVENUE is located in FALDINGWORTH, in the LN8 postcode district. The below map shows the position of No. 3 on JUBILEE AVENUE.