38, MARLBOROUGH AVENUE, WASHINGBOROUGH, LINCOLN, LN4 1DW - £140,000

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.

38 MARLBOROUGH AVENUE is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £197,879. It was last sold for £140,000 in February 2016, which was around 35% below the average February 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

38 MARLBOROUGH AVENUE Sold Prices

Land registry data shows three sales for 38 MARLBOROUGH 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 North Kesteven local authority area for the corresponding sale date. All of the three 38 MARLBOROUGH 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
2016 9 FEB	£140,000	£214,196	35% below HPI
1997 17 JUN	£52,000	£64,669	20% below HPI
1996 24 JAN	£52,500	£58,611	10% below HPI

38 MARLBOROUGH AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 38 MARLBOROUGH AVENUE sales between January 1996 and February 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 June 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 38 MARLBOROUGH AVENUE be worth now?

38 MARLBOROUGH AVENUE might now be worth an estimated £197,879.

This is based on house price inflation of 41.3%, between February 2016 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.3% inflationary increase is applied to the most recent sale price for 38 MARLBOROUGH AVENUE of £140,000 on 9th February 2016. For the value to have increased from £140,000 to £197,879 over the nine years to February 2025, the following assumptions must hold true:

• The value of 38 MARLBOROUGH AVENUE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2016 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MARLBOROUGH AVENUE has not materially changed since February 2016.

How Large is 38 MARLBOROUGH AVENUE?

38 MARLBOROUGH AVENUE is 75m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washingborough, and where 38 MARLBOROUGH AVENUE lies on this distribution: 5% of detached houses houses are smaller than 38 MARLBOROUGH AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

38 MARLBOROUGH AVENUE: Plot and Title Map

38 MARLBOROUGH AVENUE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 38 MARLBOROUGH 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 MARLBOROUGH 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 38 MARLBOROUGH AVENUE?

38 MARLBOROUGH AVENUE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 38 on MARLBOROUGH AVENUE.