34, PARKSGATE AVENUE, LINCOLN, LN6 7HP - £185,000

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

34 PARKSGATE AVENUE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £185,000 in February 2019, which was around 25% below the average February 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

34 PARKSGATE AVENUE Sold Prices

Land registry data shows three sales for 34 PARKSGATE 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 Lincoln local authority area for the corresponding sale date. All of the three 34 PARKSGATE 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
2019 1 FEB	£185,000	£248,229	25% below HPI
2002 26 JUL	£98,000	£111,956	12% below HPI
1999 18 AUG	£56,000	£72,220	22% below HPI

34 PARKSGATE 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 three 34 PARKSGATE AVENUE sales between August 1999 and February 2019 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 July 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 34 PARKSGATE AVENUE?

34 PARKSGATE AVENUE is 60m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 34 PARKSGATE AVENUE lies on this distribution: 6% of detached houses are smaller than 34 PARKSGATE AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

34 PARKSGATE AVENUE: Plot and Title Map

34 PARKSGATE AVENUE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 34 PARKSGATE 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 34 PARKSGATE 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 34 PARKSGATE AVENUE?

34 PARKSGATE AVENUE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 34 on PARKSGATE AVENUE.