14, MOURN TERRACE, LINCOLN, LN5 9AY - £137,500

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.

14 MOURN TERRACE is a midsized extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £200,930. It was last sold for £137,500 in November 2014, which was around 33% below the average November 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

14 MOURN TERRACE Sold Prices

Land registry data shows four sales for 14 MOURN TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 14 MOURN TERRACE 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
2014 28 NOV	£137,500	£206,477	33% below HPI
2006 4 AUG	£141,450	£182,418	22% below HPI
1997 11 JUL	£40,000	£66,345	40% below HPI
1997 10 MAR	£23,000	£64,898	65% below HPI

14 MOURN TERRACE 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 four 14 MOURN TERRACE sales between March 1997 and November 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 August 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 14 MOURN TERRACE be worth now?

14 MOURN TERRACE might now be worth an estimated £200,930.

This is based on house price inflation of 46.1%, between November 2014 and March 2025, for detached 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 46.1% inflationary increase is applied to the most recent sale price for 14 MOURN TERRACE of £137,500 on 28th November 2014. For the value to have increased from £137,500 to £200,930 over the eleven years and eight months to March 2025, the following assumptions must hold true:

• The value of 14 MOURN TERRACE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The November 2014 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 14 MOURN TERRACE has not materially changed since November 2014.

How Large is 14 MOURN TERRACE?

14 MOURN TERRACE is 103m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 14 MOURN TERRACE lies on this distribution: 53% of detached houses houses are smaller than 14 MOURN TERRACE, and 46% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

14 MOURN TERRACE: Plot and Title Map

14 MOURN TERRACE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 14 MOURN 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 14 MOURN 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 14 MOURN TERRACE?

14 MOURN TERRACE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 14 on MOURN TERRACE.