36, MICHAELGATE, LINCOLN, LN1 3BT - £630,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

36 MICHAELGATE is a midsized detached house of 107m², built sometime between 1967 and 1975. It was last sold for £630,000 in April 2023, which was around 106% above the average April 2023 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

36 MICHAELGATE Sold Prices

Land registry data shows five sales for 36 MICHAELGATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the five 36 MICHAELGATE 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
2023 21 APR	£630,000	£305,765	106% above HPI
2020 12 MAY	£500,000	£252,138	98% above HPI
2017 3 MAR	£440,000	£223,768	97% above HPI
2006 13 APR	£295,000	£175,639	68% above HPI
2002 4 JAN	£170,100	£96,908	76% above HPI

36 MICHAELGATE 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 five 36 MICHAELGATE sales between January 2002 and April 2023 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 2020 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the April 2023 sale, where it rises to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is 36 MICHAELGATE?

36 MICHAELGATE is 107m² according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 36 MICHAELGATE lies on this distribution: 57% of detached houses are smaller than 36 MICHAELGATE, and 42% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

36 MICHAELGATE: Plot and Title Map

36 MICHAELGATE sits on a plot of roughly 0.073 of an acre, or 293m². The below map shows the location of 36 MICHAELGATE, 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 36 MICHAELGATE). 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 36 MICHAELGATE?

36 MICHAELGATE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 36 on MICHAELGATE.