56, MEADOWLAKE CRESCENT, LINCOLN, LN6 0HZ - £340,000

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

56 MEADOWLAKE CRESCENT is a very large extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £340,000 in July 2020, which was around 33% above the average July 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

56 MEADOWLAKE CRESCENT Sold Prices

Land registry data shows two sales for 56 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 56 MEADOWLAKE CRESCENT sales were for above 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
2020 24 JUL	£340,000	£256,106	33% above HPI
2017 11 SEP	£287,100	£233,789	23% above HPI

56 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 56 MEADOWLAKE CRESCENT sales from September 2017 and July 2020 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 September 2017 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2020 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 56 MEADOWLAKE CRESCENT?

56 MEADOWLAKE CRESCENT is 148m², which includes four extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 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 56 MEADOWLAKE CRESCENT lies on this distribution: 85% of detached houses are smaller than 56 MEADOWLAKE CRESCENT, and 14% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

56 MEADOWLAKE CRESCENT: Plot and Title Map

56 MEADOWLAKE CRESCENT sits on a plot of roughly 0.370 of an acre, or 1,499m². The below map shows the location of 56 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 56 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 56 MEADOWLAKE CRESCENT?

56 MEADOWLAKE CRESCENT is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 56 on MEADOWLAKE CRESCENT.