3, THE AVENUE, NOCTON, LINCOLN, LN4 2BN - £211,000

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 THE AVENUE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £218,121. It was last sold for £211,000 in February 2024, which was around 28% below the average February 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.

3 THE AVENUE Sold Prices

Land registry data shows two sales for 3 THE 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 North Kesteven local authority area for the corresponding sale date. Both of the two 3 THE 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
2024 15 FEB	£211,000	£292,865	28% below HPI
2005 28 OCT	£135,000	£177,031	24% below HPI

3 THE AVENUE 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 two 3 THE AVENUE sales from October 2005 and February 2024 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 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 THE AVENUE be worth now?

3 THE AVENUE might now be worth an estimated £218,121.

This is based on house price inflation of 3.4%, between February 2024 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 3.4% inflationary increase is applied to the most recent sale price for 3 THE AVENUE of £211,000 on 15th February 2024. For the value to have increased from £211,000 to £218,121 over the one year to February 2025, the following assumptions must hold true:

• The value of 3 THE AVENUE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2024 sale price of £211,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE AVENUE has not materially changed since February 2024.

How Large is 3 THE AVENUE?

3 THE AVENUE is 64m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses houses in Nocton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nocton, and where 3 THE AVENUE lies on this distribution: 2% of detached houses houses are smaller than 3 THE AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Nocton.

3 THE AVENUE: Plot and Title Map

3 THE AVENUE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 3 THE 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 THE 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 THE AVENUE?

3 THE AVENUE is located in NOCTON, in the LN4 postcode district. The below map shows the position of No. 3 on THE AVENUE.