31, LINCOLNS AVENUE, GEDNEY HILL, SPALDING, PE12 0PQ - £185,000

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.

31 LINCOLNS AVENUE is a very small extended detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £225,683. It was last sold for £185,000 in June 2018, which was around 19% below the average June 2018 detached price in the South Holland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

31 LINCOLNS AVENUE Sold Prices

Land registry data shows three sales for 31 LINCOLNS AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 31 LINCOLNS 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 22 JUN	£185,000	£228,032	19% below HPI
2014 4 APR	£145,000	£177,535	18% below HPI
1997 19 SEP	£44,500	£58,968	25% below HPI

31 LINCOLNS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 31 LINCOLNS AVENUE sales between September 1997 and June 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 April 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 31 LINCOLNS AVENUE be worth now?

31 LINCOLNS AVENUE might now be worth an estimated £225,683.

This is based on house price inflation of 22%, between June 2018 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for 31 LINCOLNS AVENUE of £185,000 on 22nd June 2018. For the value to have increased from £185,000 to £225,683 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 31 LINCOLNS AVENUE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The June 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LINCOLNS AVENUE has not materially changed since June 2018.

How Large is 31 LINCOLNS AVENUE?

31 LINCOLNS AVENUE is 92m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses houses in Gedney Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gedney Hill, and where 31 LINCOLNS AVENUE lies on this distribution: 14% of detached houses houses are smaller than 31 LINCOLNS AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

31 LINCOLNS AVENUE: Plot and Title Map

31 LINCOLNS AVENUE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 31 LINCOLNS 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 31 LINCOLNS 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 31 LINCOLNS AVENUE?

31 LINCOLNS AVENUE is located in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of No. 31 on LINCOLNS AVENUE.