53, MARJORIE AVENUE, LINCOLN, LN6 7SD - £197,000

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

53 MARJORIE AVENUE is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £197,000 in September 2018, which was around 19% below the average September 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

53 MARJORIE AVENUE Sold Prices

Land registry data shows three sales for 53 MARJORIE 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. All of the three 53 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
2018 19 SEP	£197,000	£242,958	19% below HPI
2014 27 OCT	£122,000	£203,738	40% below HPI
2005 13 APR	£128,000	£180,068	29% below HPI

53 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 three 53 MARJORIE AVENUE sales between April 2005 and September 2018 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 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 53 MARJORIE AVENUE?

53 MARJORIE AVENUE is 65m² according to the EPC inspection conducted in January 2014. 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 53 MARJORIE AVENUE lies on this distribution: 9% of detached houses are smaller than 53 MARJORIE AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

53 MARJORIE AVENUE: Plot and Title Map

53 MARJORIE AVENUE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 53 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 53 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 53 MARJORIE AVENUE?

53 MARJORIE AVENUE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 53 on MARJORIE AVENUE.