The 14 'gated is a good housing simply because it has the wastegate... . that will keep you out of trouble for the most part if you set and use it correctly. In addition the 14cm will spool fairly quickly... quicker than a 16cm.
The advantage of the 16cm is the fact that it will spool quicker than your 18. 5cm housing and it will still allow as much flow thru it as the larger 18. 5cm does... . kinda the best of both worlds.
You need to decide if you're going to get aggressive with the fueling and so forth. If so then the 16 will do well for you because the extra fueling will get it turning fairly quickly.
With a stock turbo (compressor) you can use either housing but the 14cm would be a better choice assuming reasonable highway speeds and weight. It'll get up and go pretty quick and generate about 4-5psi more boost than your 18. 5cm will. (each size you go down will produce roughly 2-3psi more boost. )
The wastegate should be set around 24psi and if you run higher boost than that now, you will have the 'gate fully open by about 28psi, keeping you out of trouble from high drive pressure and EGT aggrevation.
pb.....