3, CAMBRIDGE CRESCENT, BROOKENBY, MARKET RASEN, LN8 6HB - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CAMBRIDGE CRESCENT is a midsized detached house of 134m², which could now be worth an estimated £305,922. It was last sold for £280,000 in February 2021, which was around 12% above the average February 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was A.

3 CAMBRIDGE CRESCENT Sold Prices

Land registry data shows two sales for 3 CAMBRIDGE CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 3 CAMBRIDGE 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
2021 22 FEB	£280,000	£251,118	12% above HPI
2017 23 NOV	£220,000	£218,540	1% above HPI

3 CAMBRIDGE 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 two 3 CAMBRIDGE CRESCENT sales from November 2017 and February 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 November 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 CAMBRIDGE CRESCENT be worth now?

3 CAMBRIDGE CRESCENT might now be worth an estimated £305,922.

This is based on house price inflation of 9.3%, between February 2021 and June 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.3% inflationary increase is applied to the most recent sale price for 3 CAMBRIDGE CRESCENT of £280,000 on 22nd February 2021. For the value to have increased from £280,000 to £305,922 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 3 CAMBRIDGE CRESCENT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CAMBRIDGE CRESCENT has not materially changed since February 2021.

How Large is 3 CAMBRIDGE CRESCENT?

3 CAMBRIDGE CRESCENT is 134m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses houses in Brookenby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brookenby, and where 3 CAMBRIDGE CRESCENT lies on this distribution: 58% of detached houses houses are smaller than 3 CAMBRIDGE CRESCENT, and 31% of houses are larger. Note that EPC data is not available for all properties in Brookenby.

3 CAMBRIDGE CRESCENT: Plot and Title Map

3 CAMBRIDGE CRESCENT sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of 3 CAMBRIDGE 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 3 CAMBRIDGE 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.

Where is 3 CAMBRIDGE CRESCENT?

3 CAMBRIDGE CRESCENT is located in BROOKENBY, in the LN8 postcode district. The below map shows the position of No. 3 on CAMBRIDGE CRESCENT.