5, CHERRY PADDOCKS, CHERRY WILLINGHAM, LINCOLN, LN3 4GW - £275,000

5 CHERRY PADDOCKS is a very large detached house of 134m². It was last sold for £275,000 in April 2022, which was around 1% below the average April 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

5 CHERRY PADDOCKS Sold Prices

Land registry data shows three sales for 5 CHERRY PADDOCKS 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 5 CHERRY PADDOCKS 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
2022 14 APR	£275,000	£277,040	1% below HPI
2019 25 MAR	£217,000	£222,409	2% below HPI
2016 23 MAR	£185,000	£197,382	6% below HPI

5 CHERRY PADDOCKS 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 5 CHERRY PADDOCKS sales between March 2016 and April 2022 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 March 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 5 CHERRY PADDOCKS?

5 CHERRY PADDOCKS is 134m² according to the EPC inspection conducted in March 2016. This puts it in the largest 20% 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 5 CHERRY PADDOCKS lies on this distribution: 83% of detached houses are smaller than 5 CHERRY PADDOCKS, and 17% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

5 CHERRY PADDOCKS: Plot and Title Map

5 CHERRY PADDOCKS sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 5 CHERRY PADDOCKS, 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 5 CHERRY PADDOCKS). 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 5 CHERRY PADDOCKS?

5 CHERRY PADDOCKS is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 5 on CHERRY PADDOCKS.