5, WOBURN AVENUE, LINCOLN, LN1 3HJ - £183,000

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

5 WOBURN AVENUE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £183,000 in September 2016, which was around 19% below the average September 2016 detached price in the Lincoln local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

5 WOBURN AVENUE Sold Prices

Land registry data shows three sales for 5 WOBURN 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 Lincoln local authority area for the corresponding sale date. Two of the three 5 WOBURN AVENUE sales were for below the average price, whilst one was 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
2016 30 SEP	£183,000	£226,979	19% below HPI
2006 14 NOV	£166,000	£185,647	11% below HPI
1995 20 FEB	£66,000	£60,493	9% above HPI

5 WOBURN 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 three 5 WOBURN AVENUE sales between February 1995 and September 2016 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 November 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 WOBURN AVENUE?

5 WOBURN AVENUE is 69m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% 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 WOBURN AVENUE lies on this distribution: 13% of detached houses are smaller than 5 WOBURN AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 WOBURN AVENUE: Plot and Title Map

5 WOBURN AVENUE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 5 WOBURN 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 5 WOBURN 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 5 WOBURN AVENUE?

5 WOBURN AVENUE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 5 on WOBURN AVENUE.