15, PLOUGHMANS LANE, LINCOLN, LN2 4FY - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 PLOUGHMANS LANE is a very large extended detached house of 154m², built sometime between 2007 and 2011, which could now be worth an estimated £345,407. It was last sold for £340,000 in March 2022, which was around 15% above the average March 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

15 PLOUGHMANS LANE Sold Prices

Land registry data shows three sales for 15 PLOUGHMANS LANE 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 15 PLOUGHMANS LANE 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
2022 3 MAR	£340,000	£295,858	15% above HPI
2020 31 JUL	£270,000	£259,350	4% above HPI
2012 16 FEB	£249,999	£181,267	38% above HPI

15 PLOUGHMANS LANE 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 15 PLOUGHMANS LANE sales between February 2012 and March 2022 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 2020 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 15 PLOUGHMANS LANE be worth now?

15 PLOUGHMANS LANE might now be worth an estimated £345,407.

This is based on house price inflation of 1.6%, between March 2022 and February 2025, for detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.6% inflationary increase is applied to the most recent sale price for 15 PLOUGHMANS LANE of £340,000 on 3rd March 2022. For the value to have increased from £340,000 to £345,407 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 15 PLOUGHMANS LANE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The March 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PLOUGHMANS LANE has not materially changed since March 2022.

How Large is 15 PLOUGHMANS LANE?

15 PLOUGHMANS LANE is 154m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 20% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 15 PLOUGHMANS LANE lies on this distribution: 88% of detached houses houses are smaller than 15 PLOUGHMANS LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

15 PLOUGHMANS LANE: Plot and Title Map

15 PLOUGHMANS LANE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 15 PLOUGHMANS LANE, 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 15 PLOUGHMANS LANE). 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 15 PLOUGHMANS LANE?

15 PLOUGHMANS LANE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 15 on PLOUGHMANS LANE.