FROME LODGE, MICHAELGATE, LINCOLN, LN1 3BT - £153,000

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.

FROME LODGE is a very small extended semi-detached house of 51m², built sometime before 1900, which could now be worth an estimated £278,310. It was last sold for £153,000 in July 2004, which was around 39% above the average July 2004 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

FROME LODGE Sold Prices

Land registry data shows two sales for FROME LODGE 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. Both of the two FROME LODGE 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
2004 5 JUL	£153,000	£110,073	39% above HPI
1997 4 APR	£42,000	£39,152	7% above HPI

FROME LODGE 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 FROME LODGE sales from April 1997 and July 2004 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 April 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2004 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might FROME LODGE be worth now?

FROME LODGE might now be worth an estimated £278,310.

This is based on house price inflation of 81.9%, between July 2004 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 81.9% inflationary increase is applied to the most recent sale price for FROME LODGE of £153,000 on 5th July 2004. For the value to have increased from £153,000 to £278,310 over the 21 years and five months to February 2025, the following assumptions must hold true:

• The value of FROME LODGE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The July 2004 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of FROME LODGE has not materially changed since July 2004.

How Large is FROME LODGE?

FROME LODGE is 51m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% 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 FROME LODGE lies on this distribution: 2% of semi-detached houses houses are smaller than FROME LODGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

FROME LODGE: Plot and Title Map

FROME LODGE sits on a plot of roughly 0.009 of an acre, or 36m². The below map shows the location of FROME LODGE, 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 FROME LODGE). 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 FROME LODGE?

FROME LODGE is located on MICHAELGATE in LINCOLN, in the LN1 postcode district. The below map shows the position of FROME LODGE on MICHAELGATE.