14, GYNEWELL GROVE, LINCOLN, LN2 4QL - £262,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 GYNEWELL GROVE is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £262,000 in August 2021, which was around 4% below the average August 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

14 GYNEWELL GROVE Sold Prices

Land registry data shows two sales for 14 GYNEWELL GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 14 GYNEWELL GROVE 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
2021 9 AUG	£262,000	£274,260	4% below HPI
2016 2 AUG	£147,000	£223,048	34% below HPI

14 GYNEWELL GROVE 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 two 14 GYNEWELL GROVE sales from August 2016 and August 2021 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 August 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 14 GYNEWELL GROVE?

14 GYNEWELL GROVE is 67m² according to the EPC inspection conducted in May 2015. 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 14 GYNEWELL GROVE lies on this distribution: 11% of detached houses are smaller than 14 GYNEWELL GROVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

14 GYNEWELL GROVE: Plot and Title Map

14 GYNEWELL GROVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 14 GYNEWELL GROVE, 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 14 GYNEWELL GROVE). 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 14 GYNEWELL GROVE?

14 GYNEWELL GROVE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 14 on GYNEWELL GROVE.