2, OAK CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AX - £170,000

2 OAK CRESCENT is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £170,000 in August 2015, which was around 15% below the average August 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

2 OAK CRESCENT Sold Prices

Land registry data shows three sales for 2 OAK CRESCENT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 2 OAK CRESCENT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2015
3 AUG
£170,000£200,318
down arrow
15% below HPI
2008
27 MAY
£150,500£185,159
down arrow
19% below HPI
2003
23 SEP
£105,000£144,424
down arrow
27% below HPI

2 OAK 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 three 2 OAK CRESCENT sales between September 2003 and August 2015 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 May 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

2, OAK CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AX: Price paid vs HM Land Registry's House Price Index

How Large is 2 OAK CRESCENT?

2 OAK CRESCENT is 70m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 2 OAK CRESCENT lies on this distribution: 16% of detached houses are smaller than 2 OAK CRESCENT, and 82% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

2, OAK CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AX: Size of property relative to detached houses in Cherry Willingham

2 OAK CRESCENT: Plot and Title Map

2 OAK CRESCENT sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 2 OAK 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 2 OAK 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.

2, OAK CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AX: Plot and title map

Where is 2 OAK CRESCENT?

2 OAK CRESCENT is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 2 on OAK CRESCENT.

2, OAK CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AX: Location map and indicative extent of plot

All sales of detached houses on OAK CRESCENT

2, OAK CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AX
2015
3 AUG
£170,000
1, OAK CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AX
2015
16 JUL
£154,000
2, OAK CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AX
2008
27 MAY
£150,500
2, OAK CRESCENT, CHERRY WILLINGHAM, LINCOLN, LN3 4AX
2003
23 SEP
£105,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.