2, THE LEYS, CHERRY WILLINGHAM, LINCOLN, LN3 4BS - £186,000

2 THE LEYS is a small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £186,000 in September 2017, which was around 14% below the average September 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

2 THE LEYS Sold Prices

Land registry data shows three sales for 2 THE LEYS 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 THE LEYS 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
2017 15 SEP	£186,000	£216,820	14% below HPI
2010 20 AUG	£152,000	£189,838	20% below HPI
1997 12 NOV	£59,950	£68,849	13% below HPI

2 THE LEYS 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 THE LEYS sales between November 1997 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 August 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 THE LEYS?

2 THE LEYS is 71m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% 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 THE LEYS lies on this distribution: 21% of detached houses are smaller than 2 THE LEYS, and 79% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

2 THE LEYS: Plot and Title Map

2 THE LEYS sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 2 THE LEYS, 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 THE LEYS). 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 THE LEYS?

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