Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 WEDGEWOOD ROAD is a large extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £208,000 in October 2015, which was around 1% 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.
Land registry data shows three sales for 3 WEDGEWOOD ROAD since 1st 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. One of the three 3 WEDGEWOOD ROAD sales was for below the average price, whilst two 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 |
---|---|---|---|
2015 26 OCT | £208,000 | £209,684 | 1% below HPI |
2012 29 JUN | £175,000 | £173,970 | 1% above HPI |
1999 8 JAN | £76,100 | £68,503 | 11% above HPI |
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% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
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 in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 3 WEDGEWOOD ROAD lies on this distribution: 65% of detached 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 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.
3 WEDGEWOOD ROAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 3 on WEDGEWOOD ROAD.