7, PORTLAND STREET, LINCOLN, LN5 7JZ - £250,000

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

7 PORTLAND STREET is a very large extended detached house of 173m², built sometime between 1900 and 1929. It was last sold for £250,000 in May 2006, which was around 37% above the average May 2006 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2016, where the current energy rating was F, and the potential energy rating was C.

7 PORTLAND STREET Sold Prices

Land registry data shows three sales for 7 PORTLAND 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 Lincoln local authority area for the corresponding sale date. One of the three 7 PORTLAND STREET sales was for above the average price, whilst two 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
2006 24 MAY	£250,000	£181,893	37% above HPI
1999 22 MAR	£64,950	£70,000	7% below HPI
1996 4 DEC	£52,500	£63,910	18% below HPI

7 PORTLAND STREET 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 three 7 PORTLAND STREET sales between December 1996 and May 2006 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 March 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2006 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 7 PORTLAND STREET be worth now?

7 PORTLAND STREET might now be worth an estimated £415,181.

This is based on house price inflation of 66.1%, between May 2006 and December 2024, for 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 66.1% inflationary increase is applied to the most recent sale price for 7 PORTLAND STREET of £250,000 on 24th May 2006. For the value to have increased from £250,000 to £415,181 over the seventeen years and five months to December 2024, the following assumptions must hold true:

• The value of 7 PORTLAND STREET has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The May 2006 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PORTLAND STREET has not materially changed since May 2006.

How Large is 7 PORTLAND STREET?

7 PORTLAND STREET is 173m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 7 PORTLAND STREET lies on this distribution: 92% of detached houses houses are smaller than 7 PORTLAND STREET, and 8% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

7 PORTLAND STREET: Plot and Title Map

7 PORTLAND STREET sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 7 PORTLAND 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 7 PORTLAND 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 7 PORTLAND STREET?

7 PORTLAND STREET is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 7 on PORTLAND STREET.