4, MELBOURNE ROAD, LINCOLN, LN6 3QF - £259,000

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

4 MELBOURNE ROAD is a midsized extended detached house of 107m², built sometime between 1983 and 1990. It was last sold for £259,000 in May 2021, which was around 5% below the average May 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

4 MELBOURNE ROAD Sold Prices

Land registry data shows three sales for 4 MELBOURNE ROAD 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. All of the three 4 MELBOURNE ROAD 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
2021 10 MAY	£259,000	£271,614	5% below HPI
2006 27 OCT	£155,000	£183,917	16% below HPI
2000 11 FEB	£69,500	£72,667	4% below HPI

4 MELBOURNE ROAD 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 4 MELBOURNE ROAD sales between February 2000 and May 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 October 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 4 MELBOURNE ROAD?

4 MELBOURNE ROAD is 107m², which includes three extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 4 MELBOURNE ROAD lies on this distribution: 57% of detached houses are smaller than 4 MELBOURNE ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 MELBOURNE ROAD: Plot and Title Map

4 MELBOURNE ROAD sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 4 MELBOURNE ROAD, 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 4 MELBOURNE ROAD). 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 4 MELBOURNE ROAD?

4 MELBOURNE ROAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 4 on MELBOURNE ROAD.