388, WOODFIELD AVENUE, LINCOLN, LN6 0WF - £106,500

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

388 WOODFIELD AVENUE is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £106,500 in December 2010, which was around 39% below the average December 2010 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

388 WOODFIELD AVENUE Sold Prices

Land registry data shows four sales for 388 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 388 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
2010 30 DEC	£106,500	£175,957	39% below HPI
2006 3 MAR	£110,000	£173,082	36% below HPI
2005 2 DEC	£105,250	£177,641	41% below HPI
2001 25 MAY	£59,950	£84,264	29% below HPI

388 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 388 WOODFIELD AVENUE sales between May 2001 and December 2010 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 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2010 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 388 WOODFIELD AVENUE?

388 WOODFIELD AVENUE is 68m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 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 388 WOODFIELD AVENUE lies on this distribution: 13% of detached houses are smaller than 388 WOODFIELD AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

388 WOODFIELD AVENUE: Plot and Title Map

388 WOODFIELD AVENUE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 388 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 388 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 388 WOODFIELD AVENUE?

388 WOODFIELD AVENUE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 388 on WOODFIELD AVENUE.