1, NEW CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AJ - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 NEW CRESCENT is a midsized extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £260,000 in April 2021, which was around 3% above the average April 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

1 NEW CRESCENT Sold Prices

Land registry data shows six sales for 1 NEW CRESCENT since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. The six 1 NEW CRESCENT sales were a mix of above the average price, roughly equal to the average price, and 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 7 APR	£260,000	£252,116	3% above HPI
2013 1 NOV	£210,000	£184,629	14% above HPI
2007 14 JUN	£199,000	£185,874	7% above HPI
2000 29 NOV	£81,000	£81,091	Close to HPI
1998 20 JUL	£64,000	£69,742	8% below HPI
1995 8 SEP	£62,000	£61,718	Close to HPI

1 NEW CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The six 1 NEW CRESCENT sales between September 1995 and April 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 November 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 1 NEW CRESCENT?

1 NEW CRESCENT is 103m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cherry Willingham, and where 1 NEW CRESCENT lies on this distribution: 59% of detached houses are smaller than 1 NEW CRESCENT, and 39% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

1 NEW CRESCENT: Plot and Title Map

1 NEW CRESCENT sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 1 NEW CRESCENT, 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 1 NEW CRESCENT). 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 1 NEW CRESCENT?

1 NEW CRESCENT is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 1 on NEW CRESCENT.