23, CHERRY BLOSSOM COURT, LINCOLN, LN6 0TB - £173,000

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.

23 CHERRY BLOSSOM COURT is a very small terraced house of 68m², built sometime between 2007 and 2011, which could now be worth an estimated £188,732. It was last sold for £173,000 in June 2021, which was around 19% above the average June 2021 terraced price in the Lincoln local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

23 CHERRY BLOSSOM COURT Sold Prices

Land registry data shows four sales for 23 CHERRY BLOSSOM COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. All of the four 23 CHERRY BLOSSOM COURT 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
2021 10 JUN	£173,000	£145,430	19% above HPI
2018 29 SEP	£162,500	£123,257	32% above HPI
2017 28 APR	£142,000	£113,640	25% above HPI
2009 25 SEP	£128,345	£90,799	41% above HPI

23 CHERRY BLOSSOM COURT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lincoln local authority area over time, sourced from the HPI. The four 23 CHERRY BLOSSOM COURT sales between September 2009 and June 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 September 2018 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 23 CHERRY BLOSSOM COURT be worth now?

23 CHERRY BLOSSOM COURT might now be worth an estimated £188,732.

This is based on house price inflation of 9.1%, between June 2021 and June 2025, for terraced 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 9.1% inflationary increase is applied to the most recent sale price for 23 CHERRY BLOSSOM COURT of £173,000 on 10th June 2021. For the value to have increased from £173,000 to £188,732 over the four years to June 2025, the following assumptions must hold true:

• The value of 23 CHERRY BLOSSOM COURT has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The June 2021 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CHERRY BLOSSOM COURT has not materially changed since June 2021.

How Large is 23 CHERRY BLOSSOM COURT?

23 CHERRY BLOSSOM COURT is 68m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of terraced houses houses in Lincoln, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lincoln, and where 23 CHERRY BLOSSOM COURT lies on this distribution: 12% of terraced houses houses are smaller than 23 CHERRY BLOSSOM COURT, and 87% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

23 CHERRY BLOSSOM COURT: Plot and Title Map

23 CHERRY BLOSSOM COURT sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 23 CHERRY BLOSSOM COURT, 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 23 CHERRY BLOSSOM COURT). 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 23 CHERRY BLOSSOM COURT?

23 CHERRY BLOSSOM COURT is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 23 on CHERRY BLOSSOM COURT.