48, GRAY STREET, LINCOLN, LN1 3HL - £165,000

48 GRAY STREET is a very small extended detached house of 69m², built sometime before 1900. It was last sold for £165,000 in January 2022, which was around 42% below the average January 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

48 GRAY STREET Sold Prices

Land registry data shows three sales for 48 GRAY STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 48 GRAY STREET 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 28 JAN	£165,000	£284,464	42% below HPI
2020 25 NOV	£136,000	£256,634	47% below HPI
2006 14 NOV	£160,000	£185,647	14% below HPI

48 GRAY STREET 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 three 48 GRAY STREET sales between November 2006 and January 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 November 2020 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the January 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 48 GRAY STREET?

48 GRAY STREET is 69m², which includes two extensions, according to the EPC inspection conducted in August 2020. 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 48 GRAY STREET lies on this distribution: 13% of detached houses are smaller than 48 GRAY STREET, and 86% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

48 GRAY STREET: Plot and Title Map

48 GRAY STREET sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 48 GRAY STREET, 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 48 GRAY STREET). 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 48 GRAY STREET?

48 GRAY STREET is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 48 on GRAY STREET.