CHERRYTREES, LINCOLN ROAD, GOLTHO, MARKET RASEN, LN8 5NF - £202,500

CHERRYTREES is a small detached house of 83m². It was last sold for £202,500 in July 2021, which was around 21% below the average July 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

CHERRYTREES Sold Prices

Land registry data shows two sales for CHERRYTREES 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 CHERRYTREES 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
2021 26 JUL	£202,500	£257,466	21% below HPI
2019 8 APR	£78,000	£224,278	65% below HPI

CHERRYTREES 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 CHERRYTREES sales from April 2019 and July 2021 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 2019 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the July 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is CHERRYTREES?

CHERRYTREES is 83m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses in Wragby, based on EPC data. The below chart shows the distribution of detached houses by size in Wragby, and where CHERRYTREES lies on this distribution: 33% of detached houses are smaller than CHERRYTREES, and 66% of houses are larger. Note that EPC data is not available for all properties in Wragby.

CHERRYTREES: Plot and Title Map

CHERRYTREES sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of CHERRYTREES, 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 CHERRYTREES). 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 CHERRYTREES?

CHERRYTREES is located on LINCOLN ROAD in GOLTHO, in the LN8 postcode district. The below map shows the position of CHERRYTREES on LINCOLN ROAD.