7, THE AVENUE, NOCTON, LINCOLN, LN4 2BN - £400,000

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

7 THE AVENUE is a large extended detached house of 163m², built sometime between 1983 and 1990. It was last sold for £400,000 in May 2019, which was around 60% above the average May 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

7 THE AVENUE Sold Prices

Land registry data shows two sales for 7 THE 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 North Kesteven local authority area for the corresponding sale date. Both of the two 7 THE 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
2019 30 MAY	£400,000	£250,696	60% above HPI
2014 30 JUL	£315,000	£195,463	61% above HPI

7 THE 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 two 7 THE AVENUE sales from July 2014 and May 2019 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 2014 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the May 2019 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 7 THE AVENUE?

7 THE AVENUE is 163m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses in Nocton, based on EPC data. The below chart shows the distribution of detached houses by size in Nocton, and where 7 THE AVENUE lies on this distribution: 70% of detached houses are smaller than 7 THE AVENUE, and 30% of houses are larger. Note that EPC data is not available for all properties in Nocton.

7 THE AVENUE: Plot and Title Map

7 THE AVENUE sits on a plot of roughly 0.424 of an acre, or 1,715m². The below map shows the location of 7 THE 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 7 THE 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 7 THE AVENUE?

7 THE AVENUE is located in NOCTON, in the LN4 postcode district. The below map shows the position of No. 7 on THE AVENUE.