53, SMITH STREET, LINCOLN, LN5 8HY - £131,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

53 SMITH STREET is a very small semi-detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £225,647. It was last sold for £131,000 in November 2005, which was around 12% above the average November 2005 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

53 SMITH STREET Sold Prices

Land registry data shows three sales for 53 SMITH STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. All of the three 53 SMITH STREET 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
2005 18 NOV	£131,000	£116,976	12% above HPI
2002 26 JUN	£77,500	£65,876	18% above HPI
1999 9 DEC	£53,000	£43,408	22% above HPI

53 SMITH STREET 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 three 53 SMITH STREET sales between December 1999 and November 2005 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 June 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2005 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 53 SMITH STREET be worth now?

53 SMITH STREET might now be worth an estimated £225,647.

This is based on house price inflation of 72.2%, between November 2005 and December 2024, 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 72.2% inflationary increase is applied to the most recent sale price for 53 SMITH STREET of £131,000 on 18th November 2005. For the value to have increased from £131,000 to £225,647 over the eighteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 53 SMITH STREET has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The November 2005 sale price of £131,000 represented a fair market value for the property.
• The size, condition, and specification of 53 SMITH STREET has not materially changed since November 2005.

How Large is 53 SMITH STREET?

53 SMITH STREET is 74m² according to the EPC inspection conducted in July 2020. 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 53 SMITH STREET lies on this distribution: 18% of semi-detached houses houses are smaller than 53 SMITH STREET, and 81% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

53 SMITH STREET: Plot and Title Map

53 SMITH STREET sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 53 SMITH 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 53 SMITH 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 53 SMITH STREET?

53 SMITH STREET is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 53 on SMITH STREET.