32, BACK LANE, DUNSTON, LINCOLN, LN4 2EH - £159,950

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.

32 BACK LANE is a very small terraced house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £237,357. It was last sold for £159,950 in July 2015, which was around 41% above the average July 2015 terraced price in the North Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

32 BACK LANE Sold Prices

Land registry data shows three sales for 32 BACK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. All of the three 32 BACK LANE 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
2015 24 JUL	£159,950	£113,166	41% above HPI
2007 20 DEC	£141,000	£109,028	29% above HPI
2005 11 MAY	£112,000	£98,166	14% above HPI

32 BACK LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The three 32 BACK LANE sales between May 2005 and July 2015 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 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2015 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 32 BACK LANE be worth now?

32 BACK LANE might now be worth an estimated £237,357.

This is based on house price inflation of 48.4%, between July 2015 and May 2026, for terraced houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.4% inflationary increase is applied to the most recent sale price for 32 BACK LANE of £159,950 on 24th July 2015. For the value to have increased from £159,950 to £237,357 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 32 BACK LANE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The July 2015 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of 32 BACK LANE has not materially changed since July 2015.

How Large is 32 BACK LANE?

32 BACK LANE is 78m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of terraced houses houses in Dunston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Dunston, and where 32 BACK LANE lies on this distribution: 7% of terraced houses houses are smaller than 32 BACK LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Dunston.

32 BACK LANE: Plot and Title Map

32 BACK LANE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 32 BACK LANE, 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 32 BACK LANE). 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 32 BACK LANE?

32 BACK LANE is located in DUNSTON, in the LN4 postcode district. The below map shows the position of No. 32 on BACK LANE.