2, JESSOP CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4PP - £197,500

2 JESSOP CLOSE is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £197,500 in August 2021, which was around 23% below the average August 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

2 JESSOP CLOSE Sold Prices

Land registry data shows three sales for 2 JESSOP CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 2 JESSOP CLOSE 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
2021 12 AUG	£197,500	£257,325	23% below HPI
2013 27 MAR	£148,950	£176,129	15% below HPI
1996 9 AUG	£51,950	£62,150	16% below HPI

2 JESSOP CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 2 JESSOP CLOSE sales between August 1996 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 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 JESSOP CLOSE?

2 JESSOP CLOSE is 65m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of detached houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cherry Willingham, and where 2 JESSOP CLOSE lies on this distribution: 8% of detached houses are smaller than 2 JESSOP CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

2 JESSOP CLOSE: Plot and Title Map

2 JESSOP CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 2 JESSOP CLOSE, 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 2 JESSOP CLOSE). 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 2 JESSOP CLOSE?

2 JESSOP CLOSE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 2 on JESSOP CLOSE.