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

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

14 NEW CRESCENT is a very small detached house of 57m², built sometime between 1950 and 1966. It was last sold for £145,000 in April 2014, which was around 21% 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	£183,519	21% below HPI
2013 14 MAR	£100,000	£176,129	43% 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the April 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

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 in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cherry Willingham, and where 14 NEW CRESCENT lies on this distribution: 1% of detached 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.