18, BROADWAY, LINCOLN, LN2 1SH - £595,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 BROADWAY is a very large detached house of 143m², built sometime between 1950 and 1966. It was last sold for £595,000 in April 2022, which was around 99% above the average April 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

18 BROADWAY Sold Prices

Land registry data shows two sales for 18 BROADWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 18 BROADWAY 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 11 APR	£595,000	£298,641	99% above HPI
2017 3 FEB	£375,000	£224,210	67% above HPI

18 BROADWAY 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 two 18 BROADWAY sales from February 2017 and April 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 February 2017 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the April 2022 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 18 BROADWAY be worth now?

18 BROADWAY might now be worth an estimated £601,840.

This is based on house price inflation of 1.1%, between April 2022 and December 2024, 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 1.1% inflationary increase is applied to the most recent sale price for 18 BROADWAY of £595,000 on 11th April 2022. For the value to have increased from £595,000 to £601,840 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 18 BROADWAY has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The April 2022 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BROADWAY has not materially changed since April 2022.

How Large is 18 BROADWAY?

18 BROADWAY is 143m² according to the EPC inspection conducted in October 2012. 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 18 BROADWAY lies on this distribution: 83% of detached houses houses are smaller than 18 BROADWAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

18 BROADWAY: Plot and Title Map

18 BROADWAY sits on a plot of roughly 0.381 of an acre, or 1,543m². The below map shows the location of 18 BROADWAY, 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 18 BROADWAY). 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 18 BROADWAY?

18 BROADWAY is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 18 on BROADWAY.