22, GRAY STREET, LINCOLN, LN1 3HL - £62,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

22 GRAY STREET is a very small extended detached house of 57m², built sometime between 1900 and 1929. It was last sold for £62,000 in August 2002, which was around 47% below the average August 2002 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

22 GRAY STREET Sold Prices

Land registry data shows four sales for 22 GRAY STREET 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 22 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
2002 23 AUG	£62,000	£116,733	47% below HPI
2002 14 JUN	£59,000	£108,734	46% below HPI
1996 14 JUN	£33,950	£62,637	46% below HPI
1996 8 MAR	£17,500	£62,828	72% below HPI

22 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 four 22 GRAY STREET sales between March 1996 and August 2002 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 June 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2002 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 22 GRAY STREET?

22 GRAY STREET is 57m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 22 GRAY STREET lies on this distribution: 4% of detached houses are smaller than 22 GRAY STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

22 GRAY STREET: Plot and Title Map

22 GRAY STREET sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 22 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 22 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 22 GRAY STREET?

22 GRAY STREET is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 22 on GRAY STREET.