24, BRUCE ROAD, LINCOLN, LN2 1RN - £194,000

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

24 BRUCE ROAD is a midsized extended semi-detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £294,846. It was last sold for £194,000 in August 2014, which was around 46% above the average August 2014 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

24 BRUCE ROAD Sold Prices

Land registry data shows three sales for 24 BRUCE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. All of the three 24 BRUCE ROAD 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
2014 29 AUG	£194,000	£132,575	46% above HPI
2005 7 OCT	£167,500	£116,520	44% above HPI
2002 12 APR	£99,950	£60,908	64% above HPI

24 BRUCE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 24 BRUCE ROAD sales between April 2002 and August 2014 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 October 2005 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the August 2014 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 24 BRUCE ROAD be worth now?

24 BRUCE ROAD might now be worth an estimated £294,846.

This is based on house price inflation of 52%, between August 2014 and December 2024, for semi-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 52% inflationary increase is applied to the most recent sale price for 24 BRUCE ROAD of £194,000 on 29th August 2014. For the value to have increased from £194,000 to £294,846 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 24 BRUCE ROAD has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The August 2014 sale price of £194,000 represented a fair market value for the property.
• The size, condition, and specification of 24 BRUCE ROAD has not materially changed since August 2014.

How Large is 24 BRUCE ROAD?

24 BRUCE ROAD is 99m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 24 BRUCE ROAD lies on this distribution: 48% of semi-detached houses houses are smaller than 24 BRUCE ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

24 BRUCE ROAD: Plot and Title Map

24 BRUCE ROAD sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 24 BRUCE ROAD, 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 24 BRUCE ROAD). 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 24 BRUCE ROAD?

24 BRUCE ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 24 on BRUCE ROAD.