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

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 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 88% 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	£236,751	88% above HPI
1997 30 MAY	£86,500	£64,568	34% 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2017 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might 18 WESTGATE be worth now?

18 WESTGATE might now be worth an estimated £567,782.

This is based on house price inflation of 27.6%, between September 2017 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 27.6% inflationary increase is applied to the most recent sale price for 18 WESTGATE of £445,000 on 11th September 2017. For the value to have increased from £445,000 to £567,782 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of 18 WESTGATE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The September 2017 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WESTGATE has not materially changed since September 2017.

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 houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 18 WESTGATE lies on this distribution: 70% of detached houses 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 0.085 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.