81, IRIS CRESCENT, LINCOLN, LN1 1BD - £240,000

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.

81 IRIS CRESCENT is a large terraced house of 115m², which could now be worth an estimated £318,766. It was last sold for £240,000 in September 2017, which was around 101% above the average September 2017 terraced price in the Lincoln local authority area. The most recent EPC inspection was October 2011, where the current energy rating was B, and the potential energy rating was B.

81 IRIS CRESCENT Sold Prices

Land registry data shows three sales for 81 IRIS CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. All of the three 81 IRIS 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 15 SEP	£240,000	£119,452	101% above HPI
2016 18 MAR	£211,000	£113,198	86% above HPI
2012 29 JUN	£179,950	£91,101	98% above HPI

81 IRIS 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 three 81 IRIS CRESCENT sales between June 2012 and September 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 March 2016 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the September 2017 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might 81 IRIS CRESCENT be worth now?

81 IRIS CRESCENT might now be worth an estimated £318,766.

This is based on house price inflation of 32.8%, between September 2017 and June 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 32.8% inflationary increase is applied to the most recent sale price for 81 IRIS CRESCENT of £240,000 on 15th September 2017. For the value to have increased from £240,000 to £318,766 over the eight years and three months to June 2025, the following assumptions must hold true:

• The value of 81 IRIS CRESCENT has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The September 2017 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 81 IRIS CRESCENT has not materially changed since September 2017.

How Large is 81 IRIS CRESCENT?

81 IRIS CRESCENT is 115m² according to the EPC inspection conducted in October 2011. This puts it in the largest 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 81 IRIS CRESCENT lies on this distribution: 64% of terraced houses houses are smaller than 81 IRIS CRESCENT, and 36% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

81 IRIS CRESCENT: Plot and Title Map

81 IRIS CRESCENT sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 81 IRIS 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 81 IRIS 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 81 IRIS CRESCENT?

81 IRIS CRESCENT is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 81 on IRIS CRESCENT.