Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
14 MEADOWLAKE CRESCENT is a large extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £257,500 in June 2022, which was around 12% below the average June 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 14 MEADOWLAKE CRESCENT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 14 MEADOWLAKE 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 20 JUN | £257,500 | £291,808 | 12% below HPI |
2016 18 NOV | £156,000 | £229,613 | 32% below HPI |
1996 3 JAN | £36,800 | £62,528 | 41% below HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 14 MEADOWLAKE CRESCENT sales between January 1996 and June 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 November 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
14 MEADOWLAKE CRESCENT is 110m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 14 MEADOWLAKE CRESCENT lies on this distribution: 60% of detached houses are smaller than 14 MEADOWLAKE CRESCENT, and 39% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
14 MEADOWLAKE CRESCENT sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 14 MEADOWLAKE 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 14 MEADOWLAKE 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.
14 MEADOWLAKE CRESCENT is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 14 on MEADOWLAKE CRESCENT.