1, CHERRYTREE WAY, METHERINGHAM, LINCOLN, LN4 3UQ - £235,000

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.

1 CHERRYTREE WAY is a small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £251,656. It was last sold for £235,000 in August 2024, which was around 18% below the average August 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

1 CHERRYTREE WAY Sold Prices

Land registry data shows four sales for 1 CHERRYTREE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 1 CHERRYTREE WAY sales were for below 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
2024 20 AUG	£235,000	£287,035	18% below HPI
2012 13 APR	£146,500	£180,769	19% below HPI
2007 29 JUN	£160,000	£192,959	17% below HPI
2000 28 JUL	£61,500	£78,009	21% below HPI

1 CHERRYTREE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 1 CHERRYTREE WAY sales between July 2000 and August 2024 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 April 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 CHERRYTREE WAY be worth now?

1 CHERRYTREE WAY might now be worth an estimated £251,656.

This is based on house price inflation of 7.1%, between August 2024 and August 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% inflationary increase is applied to the most recent sale price for 1 CHERRYTREE WAY of £235,000 on 20th August 2024. For the value to have increased from £235,000 to £251,656 over the one year to August 2025, the following assumptions must hold true:

• The value of 1 CHERRYTREE WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2024 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHERRYTREE WAY has not materially changed since August 2024.

How Large is 1 CHERRYTREE WAY?

1 CHERRYTREE WAY is 83m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 40% of detached houses houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Metheringham, and where 1 CHERRYTREE WAY lies on this distribution: 39% of detached houses houses are smaller than 1 CHERRYTREE WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

1 CHERRYTREE WAY: Plot and Title Map

1 CHERRYTREE WAY sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 1 CHERRYTREE WAY, 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 1 CHERRYTREE WAY). 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 1 CHERRYTREE WAY?

1 CHERRYTREE WAY is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 1 on CHERRYTREE WAY.