16, GYNEWELL GROVE, LINCOLN, LN2 4QL - £270,000

16 GYNEWELL GROVE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £270,000 in August 2022, which was around 8% below the average August 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

16 GYNEWELL GROVE Sold Prices

Land registry data shows two sales for 16 GYNEWELL GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 16 GYNEWELL GROVE sales 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
2022 24 AUG	£270,000	£294,891	8% below HPI
2006 20 OCT	£138,000	£183,917	25% below HPI

16 GYNEWELL GROVE 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 two 16 GYNEWELL GROVE sales from October 2006 and August 2022 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 October 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 16 GYNEWELL GROVE?

16 GYNEWELL GROVE is 66m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 16 GYNEWELL GROVE lies on this distribution: 10% of detached houses are smaller than 16 GYNEWELL GROVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

16 GYNEWELL GROVE: Plot and Title Map

16 GYNEWELL GROVE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 16 GYNEWELL GROVE, 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 16 GYNEWELL GROVE). 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 16 GYNEWELL GROVE?

16 GYNEWELL GROVE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 16 on GYNEWELL GROVE.