40, CUMBERLAND AVENUE, WELLINGORE, LINCOLN, LN5 0BL - £265,000

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

40 CUMBERLAND AVENUE is a very large detached house of 180m², built sometime between 1983 and 1990. It was last sold for £265,000 in April 2004, which was around 65% above the average April 2004 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

40 CUMBERLAND AVENUE Sold Prices

Land registry data shows three sales for 40 CUMBERLAND 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 40 CUMBERLAND AVENUE sales 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
2004 30 APR	£265,000	£160,134	65% above HPI
2000 11 JUL	£155,000	£79,010	96% above HPI
1998 31 MAR	£149,500	£67,479	122% above HPI

40 CUMBERLAND 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 40 CUMBERLAND AVENUE sales between March 1998 and April 2004 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 July 2000 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the April 2004 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 40 CUMBERLAND AVENUE?

40 CUMBERLAND AVENUE is 180m² according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Wellingore, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingore, and where 40 CUMBERLAND AVENUE lies on this distribution: 85% of detached houses are smaller than 40 CUMBERLAND AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Wellingore.

40 CUMBERLAND AVENUE: Plot and Title Map

40 CUMBERLAND AVENUE sits on a plot of roughly 0.275 of an acre, or 1,112m². The below map shows the location of 40 CUMBERLAND 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 40 CUMBERLAND 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 40 CUMBERLAND AVENUE?

40 CUMBERLAND AVENUE is located in WELLINGORE, in the LN5 postcode district. The below map shows the position of No. 40 on CUMBERLAND AVENUE.