22, WEDGEWOOD GROVE, LINCOLN, LN6 3LT - £150,000

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.

22 WEDGEWOOD GROVE is a very small extended semi-detached house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £173,348. It was last sold for £150,000 in February 2021, which was around 13% below the average February 2021 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

22 WEDGEWOOD GROVE Sold Prices

Land registry data shows four sales for 22 WEDGEWOOD GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. All of the four 22 WEDGEWOOD 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 FEB	£150,000	£173,257	13% below HPI
2017 8 SEP	£130,500	£153,044	15% below HPI
2003 24 OCT	£90,000	£95,931	6% below HPI
1998 7 AUG	£37,600	£41,334	9% below HPI

22 WEDGEWOOD GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 22 WEDGEWOOD GROVE sales between August 1998 and February 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 September 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 22 WEDGEWOOD GROVE be worth now?

22 WEDGEWOOD GROVE might now be worth an estimated £173,348.

This is based on house price inflation of 15.6%, between February 2021 and February 2025, for semi-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 15.6% inflationary increase is applied to the most recent sale price for 22 WEDGEWOOD GROVE of £150,000 on 9th February 2021. For the value to have increased from £150,000 to £173,348 over the four years to February 2025, the following assumptions must hold true:

• The value of 22 WEDGEWOOD GROVE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The February 2021 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WEDGEWOOD GROVE has not materially changed since February 2021.

How Large is 22 WEDGEWOOD GROVE?

22 WEDGEWOOD GROVE is 54m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 22 WEDGEWOOD GROVE lies on this distribution: 3% of semi-detached houses houses are smaller than 22 WEDGEWOOD GROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

22 WEDGEWOOD GROVE: Plot and Title Map

22 WEDGEWOOD GROVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 22 WEDGEWOOD 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 22 WEDGEWOOD 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 22 WEDGEWOOD GROVE?

22 WEDGEWOOD GROVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 22 on WEDGEWOOD GROVE.