45, MARJORIE AVENUE, LINCOLN, LN6 7SD - £125,000

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

45 MARJORIE AVENUE is a very small detached house of 47m², built sometime between 1983 and 1990. It was last sold for £125,000 in March 2007, which was around 34% below the average March 2007 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

45 MARJORIE AVENUE Sold Prices

Land registry data shows two sales for 45 MARJORIE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 45 MARJORIE 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
2007 16 MAR	£125,000	£189,473	34% below HPI
1998 27 APR	£45,500	£64,480	29% below HPI

45 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 two 45 MARJORIE AVENUE sales from April 1998 and March 2007 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 April 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2007 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 45 MARJORIE AVENUE?

45 MARJORIE AVENUE is 47m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 45 MARJORIE AVENUE lies on this distribution: 1% of detached houses are smaller than 45 MARJORIE AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

45 MARJORIE AVENUE: Plot and Title Map

45 MARJORIE AVENUE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 45 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 45 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 45 MARJORIE AVENUE?

45 MARJORIE AVENUE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 45 on MARJORIE AVENUE.