3, IRIS CRESCENT, LINCOLN, LN1 1BD - £32,500

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 IRIS CRESCENT is a small semi-detached house of 70m², built in 2011, which could now be worth an estimated £58,977. It was last sold for £32,500 in May 2012, which was around 72% below the average May 2012 semi-detached 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.

3 IRIS CRESCENT Sold Prices

Land registry data shows one sale for 3 IRIS CRESCENT since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 25 MAY	£32,500	£114,496	72% below HPI

What might 3 IRIS CRESCENT be worth now?

3 IRIS CRESCENT might now be worth an estimated £58,977.

This is based on house price inflation of 81.5%, between May 2012 and May 2026, for semi-detached 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 81.5% inflationary increase is applied to the most recent sale price for 3 IRIS CRESCENT of £32,500 on 25th May 2012. For the value to have increased from £32,500 to £58,977 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 3 IRIS CRESCENT has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The May 2012 sale price of £32,500 represented a fair market value for the property.
• The size, condition, and specification of 3 IRIS CRESCENT has not materially changed since May 2012.

How Large is 3 IRIS CRESCENT?

3 IRIS CRESCENT is 70m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of semi-detached houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Lincoln, and where 3 IRIS CRESCENT lies on this distribution: 31% of semi-detached houses are smaller than 3 IRIS CRESCENT, and 67% of semi-detached houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 IRIS CRESCENT: Plot

3 IRIS CRESCENT sits on a plot of roughly 0.220 of an acre, or 889m².

Where is 3 IRIS CRESCENT?

3 IRIS CRESCENT is located in LINCOLN, in the LN1 postcode district.