12, PARK CRESCENT, WASHINGBOROUGH, LINCOLN, LN4 1DD - £238,500

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

12 PARK CRESCENT is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £228,700. It was last sold for £238,500 in December 2022, which was around 24% below the average December 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

12 PARK CRESCENT Sold Prices

Land registry data shows two sales for 12 PARK CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 12 PARK CRESCENT 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
2022 21 DEC	£238,500	£315,722	24% below HPI
2016 8 JAN	£158,000	£212,212	26% below HPI

12 PARK CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 12 PARK CRESCENT sales from January 2016 and December 2022 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 January 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 12 PARK CRESCENT be worth now?

12 PARK CRESCENT might now be worth an estimated £228,700.

This is based on house price deflation of 4.1%, between December 2022 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% deflationary decrease is applied to the most recent sale price for 12 PARK CRESCENT of £238,500 on 21st December 2022. For the value to have decreased from £238,500 to £228,700 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 PARK CRESCENT has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2022 sale price of £238,500 represented a fair market value for the property.
• The size, condition, and specification of 12 PARK CRESCENT has not materially changed since December 2022.

How Large is 12 PARK CRESCENT?

12 PARK CRESCENT is 76m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washingborough, and where 12 PARK CRESCENT lies on this distribution: 8% of detached houses houses are smaller than 12 PARK CRESCENT, and 89% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

12 PARK CRESCENT: Plot and Title Map

12 PARK CRESCENT sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of 12 PARK 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 12 PARK 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 12 PARK CRESCENT?

12 PARK CRESCENT is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 12 on PARK CRESCENT.