47, BAILGATE, LINCOLN, LN1 3AP - £114,950

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.

47 BAILGATE is a terraced house, which could now be worth an estimated £516,324. It was last sold for £114,950 in February 2001, which was around 221% above the average February 2001 terraced price in the Lincoln local authority area.

47 BAILGATE Sold Prices

Land registry data shows three sales for 47 BAILGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. All of the three 47 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
2001 16 FEB	£114,950	£35,760	221% above HPI
1999 21 JUL	£99,950	£33,084	202% above HPI
1998 28 JUL	£54,000	£31,873	69% above HPI

What might 47 BAILGATE be worth now?

47 BAILGATE might now be worth an estimated £516,324.

This is based on house price inflation of 349.2%, between February 2001 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 349.2% inflationary increase is applied to the most recent sale price for 47 BAILGATE of £114,950 on 16th February 2001. For the value to have increased from £114,950 to £516,324 over the 24 years and nine months to May 2026, the following assumptions must hold true:

• The value of 47 BAILGATE has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The February 2001 sale price of £114,950 represented a fair market value for the property.
• The size, condition, and specification of 47 BAILGATE has not materially changed since February 2001.

Where is 47 BAILGATE?

47 BAILGATE is located in LINCOLN, in the LN1 postcode district.