12, CHERRY TREE LANE, NETTLEHAM, LINCOLN, LN2 2PR - £413,000

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.

12 CHERRY TREE LANE is a very large extended detached house of 175m², built sometime between 1976 and 1982, which could now be worth an estimated £597,761. It was last sold for £413,000 in December 2015, which was around 107% above the average December 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

12 CHERRY TREE LANE Sold Prices

Land registry data shows one sale for 12 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 11 DEC	£413,000	£199,855	107% above HPI

What might 12 CHERRY TREE LANE be worth now?

12 CHERRY TREE LANE might now be worth an estimated £597,761.

This is based on house price inflation of 44.7%, between December 2015 and April 2026, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.7% inflationary increase is applied to the most recent sale price for 12 CHERRY TREE LANE of £413,000 on 11th December 2015. For the value to have increased from £413,000 to £597,761 over the eleven years and eight months to April 2026, the following assumptions must hold true:

• The value of 12 CHERRY TREE LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2015 sale price of £413,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHERRY TREE LANE has not materially changed since December 2015.

How Large is 12 CHERRY TREE LANE?

12 CHERRY TREE LANE is 175m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 12 CHERRY TREE LANE lies on this distribution: 83% of detached houses are smaller than 12 CHERRY TREE LANE, and 16% of detached houses are larger. Note that EPC data is not available for all properties in Nettleham.

12 CHERRY TREE LANE: Plot

12 CHERRY TREE LANE sits on a plot of roughly 0.234 of an acre, or 948m².

Where is 12 CHERRY TREE LANE?

12 CHERRY TREE LANE is located in NETTLEHAM, in the LN2 postcode district.