40, FRIARS LANE, LINCOLN, LN2 5AL - £145,000

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.

40 FRIARS LANE is a small extended terraced house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £219,089. It was last sold for £145,000 in June 2014, which was around 38% above the average June 2014 terraced price in the Lincoln local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

40 FRIARS LANE Sold Prices

Land registry data shows five sales for 40 FRIARS LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. All of the five 40 FRIARS 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
2014 18 JUN	£145,000	£105,003	38% above HPI
2006 2 MAR	£132,500	£91,978	44% above HPI
2003 31 JAN	£112,000	£57,985	93% above HPI
1999 17 DEC	£57,900	£33,065	75% above HPI
1997 19 FEB	£47,000	£30,128	56% above HPI

40 FRIARS LANE 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 five 40 FRIARS LANE sales between February 1997 and June 2014 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 March 2006 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the June 2014 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 40 FRIARS LANE be worth now?

40 FRIARS LANE might now be worth an estimated £219,089.

This is based on house price inflation of 51.1%, between June 2014 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 51.1% inflationary increase is applied to the most recent sale price for 40 FRIARS LANE of £145,000 on 18th June 2014. For the value to have increased from £145,000 to £219,089 over the eleven years to June 2025, the following assumptions must hold true:

• The value of 40 FRIARS LANE has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The June 2014 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 40 FRIARS LANE has not materially changed since June 2014.

How Large is 40 FRIARS LANE?

40 FRIARS LANE is 77m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% 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 40 FRIARS LANE lies on this distribution: 22% of terraced houses houses are smaller than 40 FRIARS LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

40 FRIARS LANE: Plot and Title Map

40 FRIARS LANE sits on a plot of roughly 0.015 of an acre, or 62m². The below map shows the location of 40 FRIARS 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 40 FRIARS 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 40 FRIARS LANE?

40 FRIARS LANE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 40 on FRIARS LANE.