28, CHERRY TREE LANE, NETTLEHAM, LINCOLN, LN2 2PR - £245,000

28 CHERRY TREE LANE is a midsized extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £245,000 in November 2015, which was around 25% above the average November 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

28 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 28 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 28 CHERRY TREE 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
2015 23 NOV	£245,000	£195,548	25% above HPI
2005 8 APR	£169,000	£166,855	1% above HPI

28 CHERRY TREE LANE 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 two 28 CHERRY TREE LANE sales from April 2005 and November 2015 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 April 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2015 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 28 CHERRY TREE LANE?

28 CHERRY TREE LANE is 109m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 28 CHERRY TREE LANE lies on this distribution: 46% of detached houses are smaller than 28 CHERRY TREE LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

28 CHERRY TREE LANE: Plot and Title Map

28 CHERRY TREE LANE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 28 CHERRY TREE 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 TREE 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 TREE LANE?

28 CHERRY TREE LANE is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 28 on CHERRY TREE LANE.