15, BISHOPS GATE, LINCOLN, LN1 3QD - £175,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 BISHOPS GATE is a very small semi-detached house of 71m². It was last sold for £175,000 in July 2021, which was around 36% below the average July 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was B.

15 BISHOPS GATE Sold Prices

Land registry data shows two sales for 15 BISHOPS GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 15 BISHOPS GATE 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 22 JUL	£175,000	£273,443	36% below HPI
2012 25 MAY	£129,950	£173,982	25% below HPI

15 BISHOPS GATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 15 BISHOPS GATE sales from May 2012 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 May 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 15 BISHOPS GATE?

15 BISHOPS GATE is 71m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 15 BISHOPS GATE lies on this distribution: 16% of detached houses are smaller than 15 BISHOPS GATE, and 84% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

15 BISHOPS GATE: Plot and Title Map

15 BISHOPS GATE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 15 BISHOPS GATE, 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 15 BISHOPS GATE). 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 15 BISHOPS GATE?

15 BISHOPS GATE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 15 on BISHOPS GATE.