4, ERNEST TERRACE, LINCOLN, LN1 3DJ - £120,000

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.

4 ERNEST TERRACE is a very small terraced house of 32m², built sometime between 1983 and 1990, which could now be worth an estimated £182,547. It was last sold for £120,000 in May 2007, which was around 15% above the average May 2007 terraced price in the Lincoln local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

4 ERNEST TERRACE Sold Prices

Land registry data shows two sales for 4 ERNEST TERRACE 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. One of the two 4 ERNEST TERRACE 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
2007 25 MAY	£120,000	£104,294	15% above HPI
1997 26 JUN	£29,500	£30,190	2% below HPI

4 ERNEST TERRACE 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 4 ERNEST TERRACE sales from June 1997 and May 2007 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 June 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2007 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 4 ERNEST TERRACE be worth now?

4 ERNEST TERRACE might now be worth an estimated £182,547.

This is based on house price inflation of 52.1%, between May 2007 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 52.1% inflationary increase is applied to the most recent sale price for 4 ERNEST TERRACE of £120,000 on 25th May 2007. For the value to have increased from £120,000 to £182,547 over the seventeen years and eleven months to June 2025, the following assumptions must hold true:

• The value of 4 ERNEST TERRACE has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The May 2007 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ERNEST TERRACE has not materially changed since May 2007.

How Large is 4 ERNEST TERRACE?

4 ERNEST TERRACE is 32m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% 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 4 ERNEST TERRACE lies on this distribution: Less than 1% of terraced houses houses are smaller than 4 ERNEST TERRACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 ERNEST TERRACE: Plot and Title Map

4 ERNEST TERRACE sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 4 ERNEST TERRACE, 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 4 ERNEST TERRACE). 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 4 ERNEST TERRACE?

4 ERNEST TERRACE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 4 on ERNEST TERRACE.