16, CHERRY LANE, WOOTTON, ULCEBY, DN39 6RL - £157,000

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.

16 CHERRY LANE is a very small semi-detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £167,501. It was last sold for £157,000 in November 2023, which was around 2% above the average November 2023 semi-detached price in the North Lincolnshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

16 CHERRY LANE Sold Prices

Land registry data shows two sales for 16 CHERRY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Lincolnshire local authority area for the corresponding sale date. Both of the two 16 CHERRY LANE 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
2023 3 NOV	£157,000	£154,155	2% above HPI
1998 16 JUN	£43,000	£37,422	15% above HPI

16 CHERRY LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two 16 CHERRY LANE sales from June 1998 and November 2023 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 June 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2023 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 16 CHERRY LANE be worth now?

16 CHERRY LANE might now be worth an estimated £167,501.

This is based on house price inflation of 6.7%, between November 2023 and May 2026, for semi-detached houses, in the North Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% inflationary increase is applied to the most recent sale price for 16 CHERRY LANE of £157,000 on 3rd November 2023. For the value to have increased from £157,000 to £167,501 over the three years and six months to May 2026, the following assumptions must hold true:

• The value of 16 CHERRY LANE has moved in line with the HPI for semi-detached houses in the North Lincolnshire local authority area.
• The November 2023 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHERRY LANE has not materially changed since November 2023.

How Large is 16 CHERRY LANE?

16 CHERRY LANE is 81m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of semi-detached houses houses in Wootton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wootton, and where 16 CHERRY LANE lies on this distribution: 13% of semi-detached houses houses are smaller than 16 CHERRY LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Wootton.

16 CHERRY LANE: Plot and Title Map

16 CHERRY LANE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 16 CHERRY LANE, 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 16 CHERRY LANE). 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 16 CHERRY LANE?

16 CHERRY LANE is located in WOOTTON, in the DN39 postcode district. The below map shows the position of No. 16 on CHERRY LANE.