24, MITCHELL DRIVE, LINCOLN, LN1 1WD - £342,000

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

24 MITCHELL DRIVE is a very large detached house of 144m², built sometime between 1996 and 2002. It was last sold for £342,000 in August 2020, which was around 34% above the average August 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

24 MITCHELL DRIVE Sold Prices

Land registry data shows two sales for 24 MITCHELL DRIVE 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 24 MITCHELL DRIVE 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
2020 22 AUG	£342,000	£255,170	34% above HPI
2002 23 MAY	£152,950	£105,099	46% above HPI

24 MITCHELL DRIVE 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 24 MITCHELL DRIVE sales from May 2002 and August 2020 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 2002 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 24 MITCHELL DRIVE?

24 MITCHELL DRIVE is 144m² according to the EPC inspection conducted in November 2013. This puts it in the largest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 24 MITCHELL DRIVE lies on this distribution: 84% of detached houses are smaller than 24 MITCHELL DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

24 MITCHELL DRIVE: Plot and Title Map

24 MITCHELL DRIVE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 24 MITCHELL DRIVE, 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 MITCHELL DRIVE). 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 MITCHELL DRIVE?

24 MITCHELL DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 24 on MITCHELL DRIVE.