1A, CARRAM WAY, LINCOLN, LN1 1AB - £190,000

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.

1A CARRAM WAY is a small terraced house of 90m², built sometime from 2007 onwards, which could now be worth an estimated £240,292. It was last sold for £190,000 in September 2020, which was around 51% above the average September 2020 terraced price in the Lincoln local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

1A CARRAM WAY Sold Prices

Land registry data shows two sales for 1A CARRAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. Both of the two 1A CARRAM WAY 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
2020 23 SEP	£190,000	£125,449	51% above HPI
2009 18 DEC	£145,000	£93,157	56% above HPI

1A CARRAM WAY 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 two 1A CARRAM WAY sales from December 2009 and September 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 2009 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2020 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 1A CARRAM WAY be worth now?

1A CARRAM WAY might now be worth an estimated £240,292.

This is based on house price inflation of 26.5%, between September 2020 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 26.5% inflationary increase is applied to the most recent sale price for 1A CARRAM WAY of £190,000 on 23rd September 2020. For the value to have increased from £190,000 to £240,292 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 1A CARRAM WAY has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The September 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 1A CARRAM WAY has not materially changed since September 2020.

How Large is 1A CARRAM WAY?

1A CARRAM WAY is 90m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% 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 1A CARRAM WAY lies on this distribution: 38% of terraced houses houses are smaller than 1A CARRAM WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1A CARRAM WAY: Plot and Title Map

1A CARRAM WAY sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 1A CARRAM WAY, 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 1A CARRAM WAY). 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 1A CARRAM WAY?

1A CARRAM WAY is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 1A on CARRAM WAY.