24, LANGWORTHGATE, LINCOLN, LN2 4AD - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 LANGWORTHGATE is a small extended detached house of 89m², built sometime before 1900, which could now be worth an estimated £341,134. It was last sold for £275,000 in October 2019, which was around 10% above the average October 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

24 LANGWORTHGATE Sold Prices

Land registry data shows five sales for 24 LANGWORTHGATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Most of the five 24 LANGWORTHGATE sales were for below 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
2019 23 OCT	£275,000	£249,673	10% above HPI
2011 1 AUG	£110,000	£177,976	38% below HPI
2004 9 DEC	£123,500	£174,401	29% below HPI
2001 28 SEP	£121,000	£92,041	31% above HPI
1998 29 MAY	£48,000	£66,515	28% below HPI

24 LANGWORTHGATE 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 five 24 LANGWORTHGATE sales between May 1998 and October 2019 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 August 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 24 LANGWORTHGATE be worth now?

24 LANGWORTHGATE might now be worth an estimated £341,134.

This is based on house price inflation of 24%, between October 2019 and May 2026, 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% inflationary increase is applied to the most recent sale price for 24 LANGWORTHGATE of £275,000 on 23rd October 2019. For the value to have increased from £275,000 to £341,134 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 24 LANGWORTHGATE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The October 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LANGWORTHGATE has not materially changed since October 2019.

How Large is 24 LANGWORTHGATE?

24 LANGWORTHGATE is 89m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% 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 LANGWORTHGATE lies on this distribution: 37% of detached houses houses are smaller than 24 LANGWORTHGATE, and 62% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

24 LANGWORTHGATE: Plot and Title Map

24 LANGWORTHGATE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 24 LANGWORTHGATE, 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 LANGWORTHGATE). 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 LANGWORTHGATE?

24 LANGWORTHGATE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 24 on LANGWORTHGATE.