34B, BAILGATE, LINCOLN, LN1 3AP - £220,000

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.

34B BAILGATE is a terraced house, which could now be worth an estimated £227,014. It was last sold for £220,000 in June 2023, which was around 41% above the average June 2023 terraced price in the Lincoln local authority area.

34B BAILGATE Sold Prices

Land registry data shows two sales for 34B BAILGATE 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 34B BAILGATE 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
2023 26 JUN	£220,000	£155,661	41% above HPI
2003 3 MAR	£125,000	£59,764	109% above HPI

What might 34B BAILGATE be worth now?

34B BAILGATE might now be worth an estimated £227,014.

This is based on house price inflation of 3.2%, between June 2023 and May 2026, 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 3.2% inflationary increase is applied to the most recent sale price for 34B BAILGATE of £220,000 on 26th June 2023. For the value to have increased from £220,000 to £227,014 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of 34B BAILGATE has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The June 2023 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 34B BAILGATE has not materially changed since June 2023.

Where is 34B BAILGATE?

34B BAILGATE is located in LINCOLN, in the LN1 postcode district.