Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 LAVENHAM GROVE is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £141,000 in March 2010, which was around 18% below the average March 2010 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 LAVENHAM GROVE since 1st 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 5 LAVENHAM GROVE 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 |
---|---|---|---|
2010 26 MAR | £141,000 | £172,762 | 18% below HPI |
2009 20 FEB | £90,000 | £167,658 | 46% below HPI |
2004 16 JUL | £133,000 | £169,602 | 22% below HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 5 LAVENHAM GROVE sales between July 2004 and March 2010 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 February 2009 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2010 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
5 LAVENHAM GROVE is 90m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 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 5 LAVENHAM GROVE lies on this distribution: 39% of detached houses are smaller than 5 LAVENHAM GROVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
5 LAVENHAM GROVE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 5 LAVENHAM GROVE, 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 5 LAVENHAM GROVE). 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.
5 LAVENHAM GROVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 5 on LAVENHAM GROVE.