14, NEW CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AJ - £145,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 NEW CRESCENT is a very small detached house of 57m², built sometime between 1950 and 1966, which could now be worth an estimated £226,711. It was last sold for £145,000 in April 2014, which was around 22% below the average April 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

14 NEW CRESCENT Sold Prices

Land registry data shows two sales for 14 NEW 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 West Lindsey local authority area for the corresponding sale date. Both of the two 14 NEW 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
2014 24 APR	£145,000	£186,191	22% below HPI
2013 14 MAR	£100,000	£178,693	44% below HPI

14 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 two 14 NEW CRESCENT sales from March 2013 and April 2014 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 March 2013 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 14 NEW CRESCENT be worth now?

14 NEW CRESCENT might now be worth an estimated £226,711.

This is based on house price inflation of 56.4%, between April 2014 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.4% inflationary increase is applied to the most recent sale price for 14 NEW CRESCENT of £145,000 on 24th April 2014. For the value to have increased from £145,000 to £226,711 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 14 NEW CRESCENT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2014 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 14 NEW CRESCENT has not materially changed since April 2014.

How Large is 14 NEW CRESCENT?

14 NEW CRESCENT is 57m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cherry Willingham, and where 14 NEW CRESCENT lies on this distribution: 1% of detached houses houses are smaller than 14 NEW CRESCENT, and 98% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

14 NEW CRESCENT: Plot and Title Map

14 NEW CRESCENT sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 14 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 14 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 14 NEW CRESCENT?

14 NEW CRESCENT is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 14 on NEW CRESCENT.