WESTCASTLE HOUSE, DRURY LANE, LINCOLN, LN1 3BN - £470,000

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

WESTCASTLE HOUSE is a very large extended detached house of 227m², built sometime before 1900. It was last sold for £470,000 in September 2018, which was around 91% above the average September 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was D.

WESTCASTLE HOUSE Sold Prices

Land registry data shows three sales for WESTCASTLE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three WESTCASTLE HOUSE 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 5 SEP	£470,000	£246,036	91% above HPI
2016 1 SEP	£390,000	£229,854	70% above HPI
2002 4 APR	£274,000	£102,191	168% above HPI

WESTCASTLE HOUSE 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 three WESTCASTLE HOUSE sales between April 2002 and September 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 September 2016 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the September 2018 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might WESTCASTLE HOUSE be worth now?

WESTCASTLE HOUSE might now be worth an estimated £577,049.

This is based on house price inflation of 22.8%, between September 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 22.8% inflationary increase is applied to the most recent sale price for WESTCASTLE HOUSE of £470,000 on 5th September 2018. For the value to have increased from £470,000 to £577,049 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of WESTCASTLE HOUSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The September 2018 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of WESTCASTLE HOUSE has not materially changed since September 2018.

How Large is WESTCASTLE HOUSE?

WESTCASTLE HOUSE is 227m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 10% 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 WESTCASTLE HOUSE lies on this distribution: 98% of detached houses houses are smaller than WESTCASTLE HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

WESTCASTLE HOUSE: Plot and Title Map

WESTCASTLE HOUSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of WESTCASTLE HOUSE, 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 WESTCASTLE HOUSE). 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 WESTCASTLE HOUSE?

WESTCASTLE HOUSE is located on DRURY LANE in LINCOLN, in the LN1 postcode district. The below map shows the position of WESTCASTLE HOUSE on DRURY LANE.