34, THE OVAL, LINCOLN, LN2 4EX - £115,000

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.

34 THE OVAL is a small semi-detached house of 78m², built sometime between 1930 and 1949, which could now be worth an estimated £162,047. It was last sold for £115,000 in June 2016, which was around 19% below the average June 2016 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

34 THE OVAL Sold Prices

Land registry data shows three sales for 34 THE OVAL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. All of the three 34 THE OVAL 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
2016 3 JUN	£115,000	£142,094	19% below HPI
2002 18 JUL	£56,000	£67,764	17% below HPI
2001 16 JUL	£38,000	£52,416	28% below HPI

34 THE OVAL Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 34 THE OVAL sales between July 2001 and June 2016 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 34 THE OVAL be worth now?

34 THE OVAL might now be worth an estimated £162,047.

This is based on house price inflation of 40.9%, between June 2016 and February 2025, for semi-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 40.9% inflationary increase is applied to the most recent sale price for 34 THE OVAL of £115,000 on 3rd June 2016. For the value to have increased from £115,000 to £162,047 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 34 THE OVAL has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The June 2016 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 34 THE OVAL has not materially changed since June 2016.

How Large is 34 THE OVAL?

34 THE OVAL is 78m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 34 THE OVAL lies on this distribution: 23% of semi-detached houses houses are smaller than 34 THE OVAL, and 76% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

34 THE OVAL: Plot and Title Map

34 THE OVAL sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 34 THE OVAL, 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 THE OVAL). 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 THE OVAL?

34 THE OVAL is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 34 on THE OVAL.