36, HOPE STREET, LINCOLN, LN5 7UJ - £125,000

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.

36 HOPE STREET is a very small semi-detached house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £142,134. It was last sold for £125,000 in May 2021, which was around 31% below the average May 2021 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

36 HOPE STREET Sold Prices

Land registry data shows four sales for 36 HOPE STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. All of the four 36 HOPE STREET 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
2021 11 MAY	£125,000	£180,414	31% below HPI
2005 24 JUN	£101,000	£115,863	13% below HPI
2002 12 NOV	£69,995	£75,335	7% below HPI
1998 23 APR	£36,000	£39,605	9% below HPI

36 HOPE STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 36 HOPE STREET sales between April 1998 and May 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 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 36 HOPE STREET be worth now?

36 HOPE STREET might now be worth an estimated £142,134.

This is based on house price inflation of 13.7%, between May 2021 and June 2025, for semi-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 13.7% inflationary increase is applied to the most recent sale price for 36 HOPE STREET of £125,000 on 11th May 2021. For the value to have increased from £125,000 to £142,134 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 36 HOPE STREET has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The May 2021 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 36 HOPE STREET has not materially changed since May 2021.

How Large is 36 HOPE STREET?

36 HOPE STREET is 56m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 10% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 36 HOPE STREET lies on this distribution: 4% of semi-detached houses houses are smaller than 36 HOPE STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

36 HOPE STREET: Plot and Title Map

36 HOPE STREET sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 36 HOPE STREET, 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 36 HOPE STREET). 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 36 HOPE STREET?

36 HOPE STREET is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 36 on HOPE STREET.