39, PARKSGATE AVENUE, LINCOLN, LN6 7HP - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

39 PARKSGATE AVENUE is a small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £250,000 in April 2022, which was around 16% below the average April 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

39 PARKSGATE AVENUE Sold Prices

Land registry data shows four sales for 39 PARKSGATE 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 39 PARKSGATE 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
2022 1 APR	£250,000	£298,641	16% below HPI
2018 28 SEP	£195,000	£246,036	21% below HPI
2018 31 AUG	£210,000	£242,224	13% below HPI
2009 9 APR	£137,000	£166,066	18% below HPI

39 PARKSGATE 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 39 PARKSGATE AVENUE sales between April 2009 and April 2022 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 September 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 39 PARKSGATE AVENUE be worth now?

39 PARKSGATE AVENUE might now be worth an estimated £252,874.

This is based on house price inflation of 1.1%, between April 2022 and December 2024, for detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for 39 PARKSGATE AVENUE of £250,000 on 1st April 2022. For the value to have increased from £250,000 to £252,874 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 39 PARKSGATE AVENUE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The April 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 39 PARKSGATE AVENUE has not materially changed since April 2022.

How Large is 39 PARKSGATE AVENUE?

39 PARKSGATE AVENUE is 79m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 39 PARKSGATE AVENUE lies on this distribution: 24% of detached houses houses are smaller than 39 PARKSGATE AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

39 PARKSGATE AVENUE: Plot and Title Map

39 PARKSGATE AVENUE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 39 PARKSGATE 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 PARKSGATE 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 PARKSGATE AVENUE?

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