42, MEADOWLAKE CRESCENT, LINCOLN, LN6 0HZ - £116,000

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

42 MEADOWLAKE CRESCENT is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £116,000 in October 2003, which was around 25% below the average October 2003 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

42 MEADOWLAKE CRESCENT Sold Prices

Land registry data shows two sales for 42 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 42 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
2003 29 OCT	£116,000	£154,210	25% below HPI
1995 13 NOV	£39,950	£62,882	36% below HPI

42 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 42 MEADOWLAKE CRESCENT sales from November 1995 and October 2003 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 1995 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2003 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 42 MEADOWLAKE CRESCENT?

42 MEADOWLAKE CRESCENT is 62m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 42 MEADOWLAKE CRESCENT lies on this distribution: 7% of detached houses are smaller than 42 MEADOWLAKE CRESCENT, and 93% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

42 MEADOWLAKE CRESCENT: Plot and Title Map

42 MEADOWLAKE CRESCENT sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 42 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 42 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 42 MEADOWLAKE CRESCENT?

42 MEADOWLAKE CRESCENT is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 42 on MEADOWLAKE CRESCENT.