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
7 ALBION CRESCENT is a large detached house of 130m², built sometime between 1967 and 1975. It was last sold for £299,950 in June 2017, which was around 33% above the average June 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 ALBION CRESCENT since 1st 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 7 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 |
---|---|---|---|
2017 28 JUN | £299,950 | £225,399 | 33% above HPI |
2015 21 AUG | £223,494 | £208,952 | 7% above HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 7 ALBION CRESCENT sales from August 2015 and June 2017 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 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2017 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.
7 ALBION CRESCENT is 130m² according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 7 ALBION CRESCENT lies on this distribution: 77% of detached houses are smaller than 7 ALBION CRESCENT, and 22% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
7 ALBION CRESCENT sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 7 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 7 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.
7 ALBION CRESCENT is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 7 on ALBION CRESCENT.