6, MOURN TERRACE, LINCOLN, LN5 9AY - £170,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 MOURN TERRACE is a small detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £224,691. It was last sold for £170,000 in May 2017, which was around 26% below the average May 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

6 MOURN TERRACE Sold Prices

Land registry data shows two sales for 6 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 6 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
2017 26 MAY	£170,000	£228,548	26% below HPI
2006 12 JUN	£119,950	£183,752	35% below HPI

6 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 6 MOURN TERRACE sales from June 2006 and May 2017 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 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 6 MOURN TERRACE be worth now?

6 MOURN TERRACE might now be worth an estimated £224,691.

This is based on house price inflation of 32.2%, between May 2017 and December 2024, 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 32.2% inflationary increase is applied to the most recent sale price for 6 MOURN TERRACE of £170,000 on 26th May 2017. For the value to have increased from £170,000 to £224,691 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 6 MOURN TERRACE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The May 2017 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MOURN TERRACE has not materially changed since May 2017.

How Large is 6 MOURN TERRACE?

6 MOURN TERRACE is 85m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% 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 6 MOURN TERRACE lies on this distribution: 31% of detached houses houses are smaller than 6 MOURN TERRACE, and 68% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

6 MOURN TERRACE: Plot and Title Map

6 MOURN TERRACE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 6 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 6 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 6 MOURN TERRACE?

6 MOURN TERRACE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 6 on MOURN TERRACE.