3, WEDGEWOOD ROAD, LINCOLN, LN6 3LU - £208,000

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 WEDGEWOOD ROAD is a large extended detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £294,420. It was last sold for £208,000 in October 2015, which was around 2% below the average October 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

3 WEDGEWOOD ROAD Sold Prices

Land registry data shows three sales for 3 WEDGEWOOD 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. Two of the three 3 WEDGEWOOD ROAD sales were for below the average price, whilst one was 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
2015 26 OCT	£208,000	£212,340	2% below HPI
2012 29 JUN	£175,000	£176,174	1% below HPI
1999 8 JAN	£76,100	£69,371	10% above HPI

3 WEDGEWOOD 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 WEDGEWOOD ROAD sales between January 1999 and October 2015 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 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2015 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 WEDGEWOOD ROAD be worth now?

3 WEDGEWOOD ROAD might now be worth an estimated £294,420.

This is based on house price inflation of 41.5%, between October 2015 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 41.5% inflationary increase is applied to the most recent sale price for 3 WEDGEWOOD ROAD of £208,000 on 26th October 2015. For the value to have increased from £208,000 to £294,420 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 WEDGEWOOD ROAD has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The October 2015 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WEDGEWOOD ROAD has not materially changed since October 2015.

How Large is 3 WEDGEWOOD ROAD?

3 WEDGEWOOD ROAD is 116m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 40% 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 WEDGEWOOD ROAD lies on this distribution: 65% of detached houses houses are smaller than 3 WEDGEWOOD ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 WEDGEWOOD ROAD: Plot and Title Map

3 WEDGEWOOD ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 3 WEDGEWOOD 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 WEDGEWOOD 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 WEDGEWOOD ROAD?

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