20, MOURN TERRACE, LINCOLN, LN5 9AY - £157,000

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

20 MOURN TERRACE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £157,000 in February 2015, which was around 22% below the average February 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

20 MOURN TERRACE Sold Prices

Land registry data shows two sales for 20 MOURN TERRACE 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 20 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
2015 13 FEB	£157,000	£202,156	22% below HPI
2014 17 APR	£95,000	£198,932	52% below HPI

20 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 two 20 MOURN TERRACE sales from April 2014 and February 2015 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 April 2014 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the February 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 20 MOURN TERRACE?

20 MOURN TERRACE is 75m² according to the EPC inspection conducted in August 2024. 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 20 MOURN TERRACE lies on this distribution: 19% of detached houses are smaller than 20 MOURN TERRACE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

20 MOURN TERRACE: Plot and Title Map

20 MOURN TERRACE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 20 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 20 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 20 MOURN TERRACE?

20 MOURN TERRACE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 20 on MOURN TERRACE.