14, MICHAELGATE, LINCOLN, LN1 3BT - £249,950

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.

14 MICHAELGATE is a midsized extended terraced house of 99m², built sometime between 2003 and 2006, which could now be worth an estimated £425,058. It was last sold for £249,950 in April 2013, which was around 168% above the average April 2013 terraced price in the Lincoln local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

14 MICHAELGATE Sold Prices

Land registry data shows two sales for 14 MICHAELGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. Both of the two 14 MICHAELGATE 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
2013 30 APR	£249,950	£93,295	168% above HPI
2008 1 FEB	£150,000	£104,338	44% above HPI

14 MICHAELGATE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lincoln local authority area over time, sourced from the HPI. The two 14 MICHAELGATE sales from February 2008 and April 2013 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 February 2008 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the April 2013 sale, where it rises to 168% above the HPI. The line then continues to track at 168% above the HPI.

What might 14 MICHAELGATE be worth now?

14 MICHAELGATE might now be worth an estimated £425,058.

This is based on house price inflation of 70.1%, between April 2013 and June 2025, for terraced 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 70.1% inflationary increase is applied to the most recent sale price for 14 MICHAELGATE of £249,950 on 30th April 2013. For the value to have increased from £249,950 to £425,058 over the eleven years and ten months to June 2025, the following assumptions must hold true:

• The value of 14 MICHAELGATE has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The April 2013 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 14 MICHAELGATE has not materially changed since April 2013.

How Large is 14 MICHAELGATE?

14 MICHAELGATE is 99m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 50% of terraced houses houses in Lincoln, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lincoln, and where 14 MICHAELGATE lies on this distribution: 48% of terraced houses houses are smaller than 14 MICHAELGATE, and 51% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

14 MICHAELGATE: Plot and Title Map

14 MICHAELGATE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 14 MICHAELGATE, 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 14 MICHAELGATE). 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 14 MICHAELGATE?

14 MICHAELGATE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 14 on MICHAELGATE.