38, MINSTER DRIVE, CHERRY WILLINGHAM, LINCOLN, LN3 4LR - £147,500

38 MINSTER DRIVE is a small extended detached house of 72m², built sometime between 1950 and 1966. It was last sold for £147,500 in August 2016, which was around 27% below the average August 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

38 MINSTER DRIVE Sold Prices

Land registry data shows four sales for 38 MINSTER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 38 MINSTER DRIVE 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
2016 8 AUG	£147,500	£202,460	27% below HPI
2006 20 OCT	£123,000	£184,148	33% below HPI
1999 18 JUN	£49,950	£66,740	25% below HPI
1997 9 MAY	£46,000	£64,506	29% below HPI

38 MINSTER DRIVE 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 four 38 MINSTER DRIVE sales between May 1997 and August 2016 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 October 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2016 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 38 MINSTER DRIVE?

38 MINSTER DRIVE is 72m², which includes one extension, according to the EPC inspection conducted in January 2015. 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 38 MINSTER DRIVE lies on this distribution: 21% of detached houses are smaller than 38 MINSTER DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

38 MINSTER DRIVE: Plot and Title Map

38 MINSTER DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 38 MINSTER DRIVE, 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 38 MINSTER DRIVE). 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 38 MINSTER DRIVE?

38 MINSTER DRIVE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 38 on MINSTER DRIVE.