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

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 MITCHELL DRIVE is a very large detached house of 144m², built sometime between 1996 and 2002, which could now be worth an estimated £399,799. It was last sold for £342,000 in August 2020, which was around 32% 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	£258,403	32% above HPI
2002 23 MAY	£152,950	£106,431	44% 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 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the August 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 24 MITCHELL DRIVE be worth now?

24 MITCHELL DRIVE might now be worth an estimated £399,799.

This is based on house price inflation of 16.9%, between August 2020 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 16.9% inflationary increase is applied to the most recent sale price for 24 MITCHELL DRIVE of £342,000 on 22nd August 2020. For the value to have increased from £342,000 to £399,799 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 24 MITCHELL DRIVE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The August 2020 sale price of £342,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MITCHELL DRIVE has not materially changed since August 2020.

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 houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 24 MITCHELL DRIVE lies on this distribution: 84% of detached houses 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.