42, SPRING HILL, LINCOLN, LN1 1HB - £395,000

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

42 SPRING HILL is a midsized detached house of 99m², built sometime between 1991 and 1995. It was last sold for £395,000 in July 2018, which was around 63% above the average July 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

42 SPRING HILL Sold Prices

Land registry data shows six sales for 42 SPRING HILL since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the six 42 SPRING HILL 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
2018 20 JUL	£395,000	£241,918	63% above HPI
2010 14 MAY	£190,000	£178,601	6% above HPI
2007 9 AUG	£230,000	£198,512	16% above HPI
2002 5 JUL	£195,000	£113,375	72% above HPI
1998 19 JUN	£87,000	£68,189	28% above HPI
1995 16 MAR	£76,000	£60,384	26% above HPI

42 SPRING HILL 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 six 42 SPRING HILL sales between March 1995 and July 2018 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 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2018 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 42 SPRING HILL be worth now?

42 SPRING HILL might now be worth an estimated £493,222.

This is based on house price inflation of 24.9%, between July 2018 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 24.9% inflationary increase is applied to the most recent sale price for 42 SPRING HILL of £395,000 on 20th July 2018. For the value to have increased from £395,000 to £493,222 over the five years and seven months to December 2024, the following assumptions must hold true:

• The value of 42 SPRING HILL has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The July 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 42 SPRING HILL has not materially changed since July 2018.

How Large is 42 SPRING HILL?

42 SPRING HILL is 99m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% 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 42 SPRING HILL lies on this distribution: 48% of detached houses houses are smaller than 42 SPRING HILL, and 51% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

42 SPRING HILL: Plot and Title Map

42 SPRING HILL sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 42 SPRING HILL, 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 42 SPRING HILL). 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 42 SPRING HILL?

42 SPRING HILL is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 42 on SPRING HILL.