23, CHURCH LANE, LINCOLN, LN2 1QW - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 CHURCH LANE is a very small extended detached house of 55m², built sometime before 1900. It was last sold for £165,000 in September 2021, which was around 40% below the average September 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was B.

23 CHURCH LANE Sold Prices

Land registry data shows two sales for 23 CHURCH LANE 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. One of the two 23 CHURCH LANE sales was for below the average price, whilst the other was 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
2021 9 SEP	£165,000	£277,169	40% below HPI
2014 10 MAR	£264,000	£194,729	36% above HPI

23 CHURCH 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 two 23 CHURCH LANE sales from March 2014 and September 2021 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 March 2014 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 23 CHURCH LANE?

23 CHURCH LANE is 55m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 23 CHURCH LANE lies on this distribution: 3% of detached houses are smaller than 23 CHURCH LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

23 CHURCH LANE: Plot and Title Map

23 CHURCH LANE sits on a plot of roughly 0.020 of an acre, or 82m². The below map shows the location of 23 CHURCH 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 23 CHURCH 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 23 CHURCH LANE?

23 CHURCH LANE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 23 on CHURCH LANE.