31, FARRINGTON CRESCENT, LINCOLN, LN6 0YG - £205,000

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.

31 FARRINGTON CRESCENT is a small extended terraced house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £227,229. It was last sold for £205,000 in August 2021, which was around 44% above the average August 2021 terraced price in the Lincoln local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

31 FARRINGTON CRESCENT Sold Prices

Land registry data shows four sales for 31 FARRINGTON CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. All of the four 31 FARRINGTON 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 17 AUG	£205,000	£142,832	44% above HPI
2016 24 MAR	£157,500	£113,198	39% above HPI
2014 17 SEP	£127,500	£105,738	21% above HPI
1995 24 MAR	£43,250	£28,614	51% above HPI

31 FARRINGTON CRESCENT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lincoln local authority area over time, sourced from the HPI. The four 31 FARRINGTON CRESCENT sales between March 1995 and August 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 March 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2021 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 31 FARRINGTON CRESCENT be worth now?

31 FARRINGTON CRESCENT might now be worth an estimated £227,229.

This is based on house price inflation of 10.8%, between August 2021 and July 2025, for terraced houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.8% inflationary increase is applied to the most recent sale price for 31 FARRINGTON CRESCENT of £205,000 on 17th August 2021. For the value to have increased from £205,000 to £227,229 over the four years and one month to July 2025, the following assumptions must hold true:

• The value of 31 FARRINGTON CRESCENT has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The August 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FARRINGTON CRESCENT has not materially changed since August 2021.

How Large is 31 FARRINGTON CRESCENT?

31 FARRINGTON CRESCENT is 84m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of terraced houses houses in Lincoln, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lincoln, and where 31 FARRINGTON CRESCENT lies on this distribution: 30% of terraced houses houses are smaller than 31 FARRINGTON CRESCENT, and 69% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

31 FARRINGTON CRESCENT: Plot and Title Map

31 FARRINGTON CRESCENT sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 31 FARRINGTON 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 31 FARRINGTON 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 31 FARRINGTON CRESCENT?

31 FARRINGTON CRESCENT is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 31 on FARRINGTON CRESCENT.