41, MEADOWLAKE CRESCENT, LINCOLN, LN6 0HZ - £170,000

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

41 MEADOWLAKE CRESCENT is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £170,000 in November 2015, which was around 21% below the average November 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

41 MEADOWLAKE CRESCENT Sold Prices

Land registry data shows two sales for 41 MEADOWLAKE 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 Lincoln local authority area for the corresponding sale date. Both of the two 41 MEADOWLAKE 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
2015 27 NOV	£170,000	£215,115	21% below HPI
2014 1 OCT	£140,000	£203,738	31% below HPI

41 MEADOWLAKE 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 two 41 MEADOWLAKE CRESCENT sales from October 2014 and November 2015 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 October 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 41 MEADOWLAKE CRESCENT?

41 MEADOWLAKE CRESCENT is 72m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 41 MEADOWLAKE CRESCENT lies on this distribution: 16% of detached houses are smaller than 41 MEADOWLAKE CRESCENT, and 83% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

41 MEADOWLAKE CRESCENT: Plot and Title Map

41 MEADOWLAKE CRESCENT sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 41 MEADOWLAKE 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 41 MEADOWLAKE 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 41 MEADOWLAKE CRESCENT?

41 MEADOWLAKE CRESCENT is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 41 on MEADOWLAKE CRESCENT.