6, NEW CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AJ - £172,000

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

6 NEW CRESCENT is a very small detached house of 54m², built sometime between 1967 and 1975. It was last sold for £172,000 in April 2023, which was around 36% below the average April 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

6 NEW CRESCENT Sold Prices

Land registry data shows two sales for 6 NEW 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 West Lindsey local authority area for the corresponding sale date. Both of the two 6 NEW 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 6 APR	£172,000	£268,944	36% below HPI
1996 6 DEC	£21,000	£64,025	67% below HPI

6 NEW CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 6 NEW CRESCENT sales from December 1996 and April 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 December 1996 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the April 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 6 NEW CRESCENT?

6 NEW CRESCENT is 54m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cherry Willingham, and where 6 NEW CRESCENT lies on this distribution: 1% of detached houses are smaller than 6 NEW CRESCENT, and 99% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

6 NEW CRESCENT: Plot and Title Map

6 NEW CRESCENT sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 6 NEW 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 6 NEW 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 6 NEW CRESCENT?

6 NEW CRESCENT is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 6 on NEW CRESCENT.