88, GRAY STREET, LINCOLN, LN1 3HL - £145,000

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.

88 GRAY STREET is a very small extended terraced house of 64m², built sometime before 1900, which could now be worth an estimated £161,012. It was last sold for £145,000 in July 2021, which was around 1% above the average July 2021 terraced price in the Lincoln local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

88 GRAY STREET Sold Prices

Land registry data shows two sales for 88 GRAY STREET 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 88 GRAY STREET 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 12 JUL	£145,000	£142,877	1% above HPI
2008 24 OCT	£110,000	£94,887	16% above HPI

88 GRAY STREET 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 88 GRAY STREET sales from October 2008 and July 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 October 2008 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 88 GRAY STREET be worth now?

88 GRAY STREET might now be worth an estimated £161,012.

This is based on house price inflation of 11%, between July 2021 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 11% inflationary increase is applied to the most recent sale price for 88 GRAY STREET of £145,000 on 12th July 2021. For the value to have increased from £145,000 to £161,012 over the four years and one month to June 2025, the following assumptions must hold true:

• The value of 88 GRAY STREET has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The July 2021 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 88 GRAY STREET has not materially changed since July 2021.

How Large is 88 GRAY STREET?

88 GRAY STREET is 64m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 88 GRAY STREET lies on this distribution: 8% of terraced houses houses are smaller than 88 GRAY STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

88 GRAY STREET: Plot and Title Map

88 GRAY STREET sits on a plot of roughly 0.021 of an acre, or 87m². The below map shows the location of 88 GRAY 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 88 GRAY 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 88 GRAY STREET?

88 GRAY STREET is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 88 on GRAY STREET.