39, MARJORIE AVENUE, LINCOLN, LN6 7SD - £240,000

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

39 MARJORIE AVENUE is a midsized detached house of 109m², built sometime between 1983 and 1990. It was last sold for £240,000 in August 2021, which was around 12% below the average August 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

39 MARJORIE AVENUE Sold Prices

Land registry data shows three sales for 39 MARJORIE 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 Lincoln local authority area for the corresponding sale date. One of the three 39 MARJORIE AVENUE sales was for below the average price, whilst two 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
2021 2 AUG	£240,000	£274,260	12% below HPI
2002 29 NOV	£155,000	£124,589	24% above HPI
1995 18 DEC	£78,000	£62,852	24% above HPI

39 MARJORIE 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 three 39 MARJORIE AVENUE sales between December 1995 and August 2021 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 November 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 39 MARJORIE AVENUE?

39 MARJORIE AVENUE is 109m² according to the EPC inspection conducted in June 2020. This puts it in the largest 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 39 MARJORIE AVENUE lies on this distribution: 59% of detached houses are smaller than 39 MARJORIE AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

39 MARJORIE AVENUE: Plot and Title Map

39 MARJORIE AVENUE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 39 MARJORIE 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 39 MARJORIE 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 39 MARJORIE AVENUE?

39 MARJORIE AVENUE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 39 on MARJORIE AVENUE.