25, CROSBY LANE, WELBOURN, LINCOLN, LN5 0NR - £405,000

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

25 CROSBY LANE is a midsized extended detached house of 151m², built sometime between 1950 and 1966. It was last sold for £405,000 in August 2023, which was around 34% above the average August 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was D.

25 CROSBY LANE Sold Prices

Land registry data shows three sales for 25 CROSBY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the three 25 CROSBY LANE sales was for above the average price, whilst two 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
2023 18 AUG	£405,000	£303,276	34% above HPI
2004 12 JAN	£136,618	£157,870	13% below HPI
2001 7 SEP	£45,000	£89,607	50% below HPI

25 CROSBY LANE 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 three 25 CROSBY LANE sales between September 2001 and August 2023 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 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2023 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 25 CROSBY LANE?

25 CROSBY LANE is 151m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 50% of detached houses in Welbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Welbourn, and where 25 CROSBY LANE lies on this distribution: 60% of detached houses are smaller than 25 CROSBY LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Welbourn.

25 CROSBY LANE: Plot and Title Map

25 CROSBY LANE sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 25 CROSBY LANE, 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 25 CROSBY LANE). 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 25 CROSBY LANE?

25 CROSBY LANE is located in WELBOURN, in the LN5 postcode district. The below map shows the position of No. 25 on CROSBY LANE.