24, WATERY LANE, DUNHOLME, LINCOLN, LN2 3QW - £255,000

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 WATERY LANE is a midsized detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £365,264. It was last sold for £255,000 in August 2015, which was around 25% above the average August 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

24 WATERY LANE Sold Prices

Land registry data shows three sales for 24 WATERY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 24 WATERY LANE 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
2015 27 AUG	£255,000	£203,234	25% above HPI
2012 7 NOV	£182,000	£174,562	4% above HPI
2000 18 DEC	£100,000	£81,193	23% above HPI

24 WATERY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 24 WATERY LANE sales between December 2000 and August 2015 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 November 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2015 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 24 WATERY LANE be worth now?

24 WATERY LANE might now be worth an estimated £365,264.

This is based on house price inflation of 43.2%, between August 2015 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.2% inflationary increase is applied to the most recent sale price for 24 WATERY LANE of £255,000 on 27th August 2015. For the value to have increased from £255,000 to £365,264 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 24 WATERY LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2015 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 24 WATERY LANE has not materially changed since August 2015.

How Large is 24 WATERY LANE?

24 WATERY LANE is 117m² according to the EPC inspection conducted in May 2012. This puts it in the largest 50% of detached houses houses in Dunholme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dunholme, and where 24 WATERY LANE lies on this distribution: 49% of detached houses houses are smaller than 24 WATERY LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Dunholme.

24 WATERY LANE: Plot and Title Map

24 WATERY LANE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 24 WATERY 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 24 WATERY 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 24 WATERY LANE?

24 WATERY LANE is located in DUNHOLME, in the LN2 postcode district. The below map shows the position of No. 24 on WATERY LANE.