18, WESTGATE, LINCOLN, LN1 3BD - £445,000

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

18 WESTGATE is a large extended detached house of 121m², built sometime before 1900. It was last sold for £445,000 in September 2017, which was around 90% above the average September 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

18 WESTGATE Sold Prices

Land registry data shows two sales for 18 WESTGATE 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 WESTGATE 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
2017 11 SEP	£445,000	£233,789	90% above HPI
1997 30 MAY	£86,500	£63,760	36% above HPI

18 WESTGATE 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 WESTGATE sales from May 1997 and September 2017 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 May 1997 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2017 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is 18 WESTGATE?

18 WESTGATE is 121m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 18 WESTGATE lies on this distribution: 70% of detached houses are smaller than 18 WESTGATE, and 29% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

18 WESTGATE: Plot and Title Map

18 WESTGATE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 18 WESTGATE, 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 WESTGATE). 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 WESTGATE?

18 WESTGATE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 18 on WESTGATE.