3, PARK AVENUE, LINCOLN, LN6 0BY - £207,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 PARK AVENUE is a large extended detached house of 133m², built sometime between 1930 and 1949. It was last sold for £207,000 in October 2018, which was around 17% below the average October 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.

3 PARK AVENUE Sold Prices

Land registry data shows two sales for 3 PARK 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 Lincoln local authority area for the corresponding sale date. Both of the two 3 PARK AVENUE 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
2018 5 OCT	£207,000	£248,359	17% below HPI
2006 31 OCT	£159,950	£186,246	14% below HPI

3 PARK AVENUE 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 two 3 PARK AVENUE sales from October 2006 and October 2018 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 October 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 PARK AVENUE be worth now?

3 PARK AVENUE might now be worth an estimated £251,770.

This is based on house price inflation of 21.6%, between October 2018 and December 2024, 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 21.6% inflationary increase is applied to the most recent sale price for 3 PARK AVENUE of £207,000 on 5th October 2018. For the value to have increased from £207,000 to £251,770 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 PARK AVENUE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The October 2018 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARK AVENUE has not materially changed since October 2018.

How Large is 3 PARK AVENUE?

3 PARK AVENUE is 133m², which includes two extensions, according to the EPC inspection conducted in July 2024. This puts it in the largest 30% 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 PARK AVENUE lies on this distribution: 79% of detached houses houses are smaller than 3 PARK AVENUE, and 21% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 PARK AVENUE: Plot and Title Map

3 PARK AVENUE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 PARK 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 PARK 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 PARK AVENUE?

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