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
61 ELSHAM CRESCENT is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £205,000 in January 2024, which was around 27% below the average January 2024 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 61 ELSHAM 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 ELSHAM 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 |
---|---|---|---|
2024 19 JAN | £205,000 | £279,109 | 27% below HPI |
2008 18 JAN | £135,000 | £195,985 | 31% below HPI |
1996 29 FEB | £48,000 | £61,784 | 22% below 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 ELSHAM CRESCENT sales between February 1996 and January 2024 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 January 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2024 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
61 ELSHAM CRESCENT is 62m² according to the EPC inspection conducted in April 2024. 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 61 ELSHAM CRESCENT lies on this distribution: 7% of detached houses are smaller than 61 ELSHAM CRESCENT, and 93% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
61 ELSHAM CRESCENT sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 61 ELSHAM 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 ELSHAM 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 ELSHAM CRESCENT is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 61 on ELSHAM CRESCENT.