374, WOODFIELD AVENUE, LINCOLN, LN6 0WF - £120,000

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

374 WOODFIELD AVENUE is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £120,000 in January 2014, which was around 37% below the average January 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

374 WOODFIELD AVENUE Sold Prices

Land registry data shows four sales for 374 WOODFIELD AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 374 WOODFIELD 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
2014 16 JAN	£120,000	£189,313	37% below HPI
2005 23 MAR	£129,995	£173,663	25% below HPI
2004 27 AUG	£140,000	£171,880	19% below HPI
2002 17 MAY	£84,500	£105,099	20% below HPI

374 WOODFIELD 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 four 374 WOODFIELD AVENUE sales between May 2002 and January 2014 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 March 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 374 WOODFIELD AVENUE?

374 WOODFIELD AVENUE is 87m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 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 374 WOODFIELD AVENUE lies on this distribution: 34% of detached houses are smaller than 374 WOODFIELD AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

374 WOODFIELD AVENUE: Plot and Title Map

374 WOODFIELD AVENUE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 374 WOODFIELD 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 374 WOODFIELD 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 374 WOODFIELD AVENUE?

374 WOODFIELD AVENUE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 374 on WOODFIELD AVENUE.