3, MARTIN ROAD, TIMBERLAND, LINCOLN, LN4 3RU - £227,500

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 MARTIN ROAD is a large extended detached house of 162m², built sometime between 1900 and 1929, which could now be worth an estimated £384,871. It was last sold for £227,500 in October 2011, which was around 27% above the average October 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was C.

3 MARTIN ROAD Sold Prices

Land registry data shows four sales for 3 MARTIN ROAD 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. two of the four 3 MARTIN ROAD sales were for above the average price, and four 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
2011 3 OCT	£227,500	£178,957	27% above HPI
2006 30 JUN	£220,000	£180,854	22% above HPI
2005 6 JUN	£110,000	£178,132	38% below HPI
2002 17 SEP	£70,000	£115,803	40% below HPI

3 MARTIN ROAD 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 MARTIN ROAD sales between September 2002 and October 2011 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 June 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2011 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 3 MARTIN ROAD be worth now?

3 MARTIN ROAD might now be worth an estimated £384,871.

This is based on house price inflation of 69.2%, between October 2011 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.2% inflationary increase is applied to the most recent sale price for 3 MARTIN ROAD of £227,500 on 3rd October 2011. For the value to have increased from £227,500 to £384,871 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 MARTIN ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2011 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MARTIN ROAD has not materially changed since October 2011.

How Large is 3 MARTIN ROAD?

3 MARTIN ROAD is 162m², which includes three extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses houses in Timberland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Timberland, and where 3 MARTIN ROAD lies on this distribution: 69% of detached houses houses are smaller than 3 MARTIN ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Timberland.

3 MARTIN ROAD: Plot and Title Map

3 MARTIN ROAD sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 3 MARTIN 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 MARTIN 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 MARTIN ROAD?

3 MARTIN ROAD is located in TIMBERLAND, in the LN4 postcode district. The below map shows the position of No. 3 on MARTIN ROAD.