3, NEW CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AJ - £179,950

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

3 NEW CRESCENT is a small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £179,950 in May 2018, which was around 18% below the average May 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

3 NEW CRESCENT Sold Prices

Land registry data shows two sales for 3 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 3 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
2018 25 MAY	£179,950	£220,537	18% below HPI
2001 13 DEC	£67,000	£89,084	25% below HPI

3 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 3 NEW CRESCENT sales from December 2001 and May 2018 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 December 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 NEW CRESCENT?

3 NEW CRESCENT is 77m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% 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 3 NEW CRESCENT lies on this distribution: 27% of detached houses are smaller than 3 NEW CRESCENT, and 72% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

3 NEW CRESCENT: Plot and Title Map

3 NEW CRESCENT sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 3 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 3 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 3 NEW CRESCENT?

3 NEW CRESCENT is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 3 on NEW CRESCENT.