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
57 ALBION CRESCENT is a very large extended detached house of 179m², built sometime between 1983 and 1990. It was last sold for £550,000 in June 2021, which was around 98% above the average June 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 57 ALBION CRESCENT since 1st 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 57 ALBION 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 |
---|---|---|---|
2021 28 JUN | £550,000 | £277,450 | 98% above HPI |
2012 29 JUN | £280,000 | £173,970 | 61% above HPI |
2004 1 APR | £295,000 | £164,867 | 79% above HPI |
2000 25 MAY | £170,000 | £75,845 | 124% above HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 57 ALBION CRESCENT sales between May 2000 and June 2021 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 June 2012 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the June 2021 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.
57 ALBION CRESCENT is 179m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 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 57 ALBION CRESCENT lies on this distribution: 93% of detached houses are smaller than 57 ALBION CRESCENT, and 6% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
57 ALBION CRESCENT sits on a plot of roughly 0.491 of an acre, or 1,988m². The below map shows the location of 57 ALBION 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 57 ALBION 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.
57 ALBION CRESCENT is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 57 on ALBION CRESCENT.