3, WESTERN CRESCENT, LINCOLN, LN6 7TD - £205,000

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

3 WESTERN CRESCENT is a small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £205,000 in September 2023, which was around 31% below the average September 2023 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

3 WESTERN CRESCENT Sold Prices

Land registry data shows four sales for 3 WESTERN CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 3 WESTERN 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
2023 21 SEP	£205,000	£297,956	31% below HPI
2002 28 NOV	£107,000	£124,589	14% below HPI
2000 4 SEP	£60,000	£79,301	24% below HPI
1999 23 JUL	£61,500	£70,833	13% below HPI

3 WESTERN CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 3 WESTERN CRESCENT sales between July 1999 and September 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 November 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 WESTERN CRESCENT?

3 WESTERN CRESCENT is 90m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 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 3 WESTERN CRESCENT lies on this distribution: 38% of detached houses are smaller than 3 WESTERN CRESCENT, and 61% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 WESTERN CRESCENT: Plot and Title Map

3 WESTERN CRESCENT sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 WESTERN 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 WESTERN 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 WESTERN CRESCENT?

3 WESTERN CRESCENT is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 3 on WESTERN CRESCENT.