28, CHERRY LANE, WOOTTON, ULCEBY, DN39 6RL - £265,000

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.

28 CHERRY LANE is a large detached house of 163m², built sometime between 1983 and 1990, which could now be worth an estimated £341,705. It was last sold for £265,000 in September 2019, which was around 34% above the average September 2019 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

28 CHERRY LANE Sold Prices

Land registry data shows three sales for 28 CHERRY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. All of the three 28 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
2019 30 SEP	£265,000	£197,411	34% above HPI
2014 10 NOV	£220,000	£164,757	34% above HPI
1999 12 NOV	£90,000	£65,650	37% above HPI

28 CHERRY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The three 28 CHERRY LANE sales between November 1999 and September 2019 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 November 2014 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2019 sale, which was also at 34% above the HPI.

What might 28 CHERRY LANE be worth now?

28 CHERRY LANE might now be worth an estimated £341,705.

This is based on house price inflation of 28.9%, between September 2019 and May 2026, for 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 28.9% inflationary increase is applied to the most recent sale price for 28 CHERRY LANE of £265,000 on 30th September 2019. For the value to have increased from £265,000 to £341,705 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 28 CHERRY LANE has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The September 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 28 CHERRY LANE has not materially changed since September 2019.

How Large is 28 CHERRY LANE?

28 CHERRY LANE is 163m² according to the EPC inspection conducted in May 2012. This puts it in the largest 30% of detached houses houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wootton, and where 28 CHERRY LANE lies on this distribution: 70% of detached houses houses are smaller than 28 CHERRY LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Wootton.

28 CHERRY LANE: Plot and Title Map

28 CHERRY LANE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 28 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 28 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 28 CHERRY LANE?

28 CHERRY LANE is located in WOOTTON, in the DN39 postcode district. The below map shows the position of No. 28 on CHERRY LANE.