THE LODGE, MAIN ROAD, DUNSTON, LINCOLN, LN4 2EZ - £225,000

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

THE LODGE is a very small extended detached house of 84m², built sometime before 1900, which could now be worth an estimated £243,707. It was last sold for £225,000 in June 2021, which was around 17% below the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2018, where the current energy rating was F, and the potential energy rating was D.

THE LODGE Sold Prices

Land registry data shows four sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. The four THE LODGE sales were a mix of below the average price, and roughly equal to 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
2021 10 JUN	£225,000	£272,026	17% below HPI
2017 9 JUN	£165,000	£235,400	30% below HPI
2006 21 SEP	£175,000	£185,224	6% below HPI
2000 9 FEB	£72,500	£72,503	Close to HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four THE LODGE sales between February 2000 and June 2021 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 June 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might THE LODGE be worth now?

THE LODGE might now be worth an estimated £243,707.

This is based on house price inflation of 8.3%, between June 2021 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.3% inflationary increase is applied to the most recent sale price for THE LODGE of £225,000 on 10th June 2021. For the value to have increased from £225,000 to £243,707 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of THE LODGE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of THE LODGE has not materially changed since June 2021.

How Large is THE LODGE?

THE LODGE is 84m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses houses in Dunston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dunston, and where THE LODGE lies on this distribution: 8% of detached houses houses are smaller than THE LODGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Dunston.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 424.0 acres, or 1,715,671m². The below map shows the location of THE LODGE, 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 THE LODGE). 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 THE LODGE?

THE LODGE is located on MAIN ROAD in DUNSTON, in the LN4 postcode district. The below map shows the position of THE LODGE on MAIN ROAD.