14A, GRAY STREET, LINCOLN, LN1 3HL - £180,000

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.

14A GRAY STREET is a very small terraced house of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £223,557. It was last sold for £180,000 in May 2019, which was around 41% above the average May 2019 terraced price in the Lincoln local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

14A GRAY STREET Sold Prices

Land registry data shows three sales for 14A GRAY STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. All of the three 14A GRAY 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
2019 31 MAY	£180,000	£127,743	41% above HPI
2002 11 JAN	£67,950	£43,239	57% above HPI
1996 15 JAN	£41,000	£29,407	39% above HPI

14A GRAY STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lincoln local authority area over time, sourced from the HPI. The three 14A GRAY STREET sales between January 1996 and May 2019 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 January 2002 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the May 2019 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 14A GRAY STREET be worth now?

14A GRAY STREET might now be worth an estimated £223,557.

This is based on house price inflation of 24.2%, between May 2019 and June 2025, for terraced 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 24.2% inflationary increase is applied to the most recent sale price for 14A GRAY STREET of £180,000 on 31st May 2019. For the value to have increased from £180,000 to £223,557 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of 14A GRAY STREET has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The May 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 14A GRAY STREET has not materially changed since May 2019.

How Large is 14A GRAY STREET?

14A GRAY STREET is 67m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of terraced houses houses in Lincoln, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lincoln, and where 14A GRAY STREET lies on this distribution: 12% of terraced houses houses are smaller than 14A GRAY STREET, and 88% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

14A GRAY STREET: Plot and Title Map

14A GRAY STREET sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 14A GRAY 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 14A GRAY 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 14A GRAY STREET?

14A GRAY STREET is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 14A on GRAY STREET.