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
61 ALBION CRESCENT is a very large extended detached house of 235m², built sometime between 1991 and 1995. It was last sold for £547,000 in June 2022, which was around 87% above the average June 2022 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 61 ALBION CRESCENT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 61 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 |
---|---|---|---|
2022 10 JUN | £547,000 | £291,808 | 87% above HPI |
2018 14 AUG | £490,000 | £239,194 | 105% above HPI |
2004 5 JUL | £305,000 | £169,602 | 80% above HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 61 ALBION CRESCENT sales between July 2004 and June 2022 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 August 2018 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the June 2022 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.
61 ALBION CRESCENT is 235m², which includes one extension, according to the EPC inspection conducted in March 2018. 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 61 ALBION CRESCENT lies on this distribution: 98% of detached houses are smaller than 61 ALBION CRESCENT, and 2% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
61 ALBION CRESCENT sits on a plot of roughly 0.360 of an acre, or 1,455m². The below map shows the location of 61 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 61 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.
61 ALBION CRESCENT is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 61 on ALBION CRESCENT.