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
38 BIRCHWOOD AVENUE is a very large extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £292,500 in July 2024, which was around 1% above the average July 2024 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 38 BIRCHWOOD AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Most of the five 38 BIRCHWOOD AVENUE sales 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 |
---|---|---|---|
2024 19 JUL | £292,500 | £290,553 | 1% above HPI |
2020 25 AUG | £323,000 | £255,170 | 27% above HPI |
2014 18 SEP | £181,000 | £202,192 | 10% below HPI |
2006 15 SEP | £195,000 | £181,939 | 7% above HPI |
2001 9 MAR | £79,500 | £81,008 | 2% below HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The five 38 BIRCHWOOD AVENUE sales between March 2001 and July 2024 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 August 2020 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the July 2024 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.
38 BIRCHWOOD AVENUE is 138m², which includes three extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 38 BIRCHWOOD AVENUE lies on this distribution: 81% of detached houses are smaller than 38 BIRCHWOOD AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
38 BIRCHWOOD AVENUE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 38 BIRCHWOOD 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 38 BIRCHWOOD 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.
38 BIRCHWOOD AVENUE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 38 on BIRCHWOOD AVENUE.