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

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.

15 BISHOPS GATE is a very small semi-detached house of 71m², which could now be worth an estimated £192,626. It was last sold for £175,000 in July 2021, which was around 4% below the average July 2021 semi-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 semi-detached price in the Lincoln local authority area for the corresponding sale date. One of the two 15 BISHOPS GATE sales was for below the average price, whilst the other was 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 22 JUL	£175,000	£181,904	4% below HPI
2012 25 MAY	£129,950	£114,496	13% above HPI

15 BISHOPS GATE 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 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 BISHOPS GATE be worth now?

15 BISHOPS GATE might now be worth an estimated £192,626.

This is based on house price inflation of 10.1%, between July 2021 and February 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 10.1% inflationary increase is applied to the most recent sale price for 15 BISHOPS GATE of £175,000 on 22nd July 2021. For the value to have increased from £175,000 to £192,626 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 15 BISHOPS GATE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The July 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BISHOPS GATE has not materially changed since July 2021.

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 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 15 BISHOPS GATE lies on this distribution: 16% of semi-detached houses 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.