3, LINCOLN STREET, GAINSBOROUGH, DN21 2LD - £112,000

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.

3 LINCOLN STREET is a small detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £167,027. It was last sold for £112,000 in April 2016, which was around 43% below the average April 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

3 LINCOLN STREET Sold Prices

Land registry data shows three sales for 3 LINCOLN STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 3 LINCOLN STREET 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
2016 8 APR	£112,000	£195,207	43% below HPI
2014 8 AUG	£115,950	£185,636	38% below HPI
2003 20 JUN	£67,500	£136,157	50% below HPI

3 LINCOLN STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 3 LINCOLN STREET sales between June 2003 and April 2016 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 August 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 3 LINCOLN STREET be worth now?

3 LINCOLN STREET might now be worth an estimated £167,027.

This is based on house price inflation of 49.1%, between April 2016 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.1% inflationary increase is applied to the most recent sale price for 3 LINCOLN STREET of £112,000 on 8th April 2016. For the value to have increased from £112,000 to £167,027 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 3 LINCOLN STREET has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2016 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LINCOLN STREET has not materially changed since April 2016.

How Large is 3 LINCOLN STREET?

3 LINCOLN STREET is 88m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 3 LINCOLN STREET lies on this distribution: 25% of detached houses houses are smaller than 3 LINCOLN STREET, and 74% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

3 LINCOLN STREET: Plot and Title Map

3 LINCOLN STREET sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 3 LINCOLN 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 3 LINCOLN 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 3 LINCOLN STREET?

3 LINCOLN STREET is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 3 on LINCOLN STREET.