HILLCREST, SCHOOL LANE, HARMSTON, LINCOLN, LN5 9SP - £185,000

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

HILLCREST is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £185,000 in January 2021, which was around 32% below the average January 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two HILLCREST 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
2021 8 JAN	£185,000	£272,907	32% below HPI
2019 1 OCT	£175,000	£257,655	32% below HPI

HILLCREST Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two HILLCREST sales from October 2019 and January 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 October 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2021 sale, which was also at 32% below the HPI.

How Large is HILLCREST?

HILLCREST is 73m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Harmston, based on EPC data. The below chart shows the distribution of detached houses by size in Harmston, and where HILLCREST lies on this distribution: 4% of detached houses are smaller than HILLCREST, and 96% of houses are larger. Note that EPC data is not available for all properties in Harmston.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on SCHOOL LANE in HARMSTON, in the LN5 postcode district. The below map shows the position of HILLCREST on SCHOOL LANE.