14, THE GREEN, REEPHAM, LINCOLN, LN3 4DH - £160,000

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.

14 THE GREEN is a very small terraced house of 59m², built sometime before 1900, which could now be worth an estimated £194,562. It was last sold for £160,000 in February 2020, which was around 42% above the average February 2020 terraced price in the West Lindsey local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was A.

14 THE GREEN Sold Prices

Land registry data shows two sales for 14 THE GREEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. One of the two 14 THE GREEN sales was for above the average price, whilst the other was 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
2020 13 FEB	£160,000	£112,391	42% above HPI
2006 1 DEC	£90,000	£99,602	10% below HPI

14 THE GREEN Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The two 14 THE GREEN sales from December 2006 and February 2020 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 December 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2020 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 14 THE GREEN be worth now?

14 THE GREEN might now be worth an estimated £194,562.

This is based on house price inflation of 21.6%, between February 2020 and June 2025, for terraced 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 21.6% inflationary increase is applied to the most recent sale price for 14 THE GREEN of £160,000 on 13th February 2020. For the value to have increased from £160,000 to £194,562 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of 14 THE GREEN has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The February 2020 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE GREEN has not materially changed since February 2020.

How Large is 14 THE GREEN?

14 THE GREEN is 59m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of terraced houses houses in Reepham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Reepham, and where 14 THE GREEN lies on this distribution: 1% of terraced houses houses are smaller than 14 THE GREEN, and 97% of houses are larger. Note that EPC data is not available for all properties in Reepham.

14 THE GREEN: Plot and Title Map

14 THE GREEN sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 14 THE GREEN, 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 14 THE GREEN). 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 14 THE GREEN?

14 THE GREEN is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 14 on THE GREEN.