CHERRY HOLT, MAIN ROAD, UTTERBY, LOUTH, LN11 0TP - £260,000

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.

CHERRY HOLT is a small extended detached house of 103m², built sometime between 1900 and 1929, which could now be worth an estimated £289,389. It was last sold for £260,000 in December 2020, which was around 10% above the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2017, where the current energy rating was F, and the potential energy rating was C.

CHERRY HOLT Sold Prices

Land registry data shows three sales for CHERRY HOLT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the three CHERRY HOLT sales was for above the average price, whilst two 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
2020 18 DEC	£260,000	£236,479	10% above HPI
2019 22 MAR	£220,000	£230,292	4% below HPI
1996 28 OCT	£37,000	£58,417	37% below HPI

CHERRY HOLT Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three CHERRY HOLT sales between October 1996 and December 2020 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might CHERRY HOLT be worth now?

CHERRY HOLT might now be worth an estimated £289,389.

This is based on house price inflation of 11.3%, between December 2020 and June 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.3% inflationary increase is applied to the most recent sale price for CHERRY HOLT of £260,000 on 18th December 2020. For the value to have increased from £260,000 to £289,389 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of CHERRY HOLT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY HOLT has not materially changed since December 2020.

How Large is CHERRY HOLT?

CHERRY HOLT is 103m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses houses in Utterby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Utterby, and where CHERRY HOLT lies on this distribution: 33% of detached houses houses are smaller than CHERRY HOLT, and 67% of houses are larger. Note that EPC data is not available for all properties in Utterby.

CHERRY HOLT: Plot and Title Map

CHERRY HOLT sits on a plot of roughly 0.319 of an acre, or 1,290m². The below map shows the location of CHERRY HOLT, 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 CHERRY HOLT). 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 CHERRY HOLT?

CHERRY HOLT is located on MAIN ROAD in UTTERBY, in the LN11 postcode district. The below map shows the position of CHERRY HOLT on MAIN ROAD.