72, BAILGATE, LINCOLN, LN1 3AR - £300,000

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.

72 BAILGATE is a very small extended terraced house of 59m², built sometime before 1900, which could now be worth an estimated £333,493. It was last sold for £300,000 in September 2021, which was around 109% above the average September 2021 terraced price in the Lincoln local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

72 BAILGATE Sold Prices

Land registry data shows two sales for 72 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 72 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
2021 29 SEP	£300,000	£143,753	109% above HPI
2017 27 JAN	£220,000	£112,039	96% above HPI

72 BAILGATE 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 72 BAILGATE sales from January 2017 and September 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 January 2017 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the September 2021 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

What might 72 BAILGATE be worth now?

72 BAILGATE might now be worth an estimated £333,493.

This is based on house price inflation of 11.2%, between September 2021 and April 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 11.2% inflationary increase is applied to the most recent sale price for 72 BAILGATE of £300,000 on 29th September 2021. For the value to have increased from £300,000 to £333,493 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 72 BAILGATE has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The September 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 72 BAILGATE has not materially changed since September 2021.

How Large is 72 BAILGATE?

72 BAILGATE is 59m², which includes three extensions, according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% 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 72 BAILGATE lies on this distribution: 5% of terraced houses houses are smaller than 72 BAILGATE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

72 BAILGATE: Plot and Title Map

72 BAILGATE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 72 BAILGATE, 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 72 BAILGATE). 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 72 BAILGATE?

72 BAILGATE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 72 on BAILGATE.