4, BENSON CRESCENT, LINCOLN, LN6 3NT - £215,000

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

4 BENSON CRESCENT is a small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £215,000 in February 2023, which was around 29% below the average February 2023 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was B.

4 BENSON CRESCENT Sold Prices

Land registry data shows three sales for 4 BENSON CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 4 BENSON 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 24 FEB	£215,000	£302,238	29% below HPI
2003 14 NOV	£125,500	£156,293	20% below HPI
1998 2 JUN	£57,500	£67,336	15% below HPI

4 BENSON 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 three 4 BENSON CRESCENT sales between June 1998 and February 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 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 BENSON CRESCENT?

4 BENSON CRESCENT is 82m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 4 BENSON CRESCENT lies on this distribution: 27% of detached houses are smaller than 4 BENSON CRESCENT, and 71% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

4 BENSON CRESCENT: Plot and Title Map

4 BENSON CRESCENT sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 4 BENSON 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 4 BENSON 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 4 BENSON CRESCENT?

4 BENSON CRESCENT is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 4 on BENSON CRESCENT.