15, CHERRY TREE LANE, NETTLEHAM, LINCOLN, LN2 2PR - £290,000

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.

15 CHERRY TREE LANE is a detached house, which could now be worth an estimated £463,580. It was last sold for £290,000 in July 2009, which was around 60% above the average July 2009 detached price in the West Lindsey local authority area.

15 CHERRY TREE LANE Sold Prices

Land registry data shows three sales for 15 CHERRY TREE LANE 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 15 CHERRY TREE LANE sales were for above 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
2009 10 JUL	£290,000	£180,953	60% above HPI
2005 8 JUN	£285,000	£176,671	61% above HPI
2002 30 AUG	£185,000	£111,204	66% above HPI

What might 15 CHERRY TREE LANE be worth now?

15 CHERRY TREE LANE might now be worth an estimated £463,580.

This is based on house price inflation of 59.9%, between July 2009 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 59.9% inflationary increase is applied to the most recent sale price for 15 CHERRY TREE LANE of £290,000 on 10th July 2009. For the value to have increased from £290,000 to £463,580 over the seventeen years and three months to April 2026, the following assumptions must hold true:

• The value of 15 CHERRY TREE LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2009 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHERRY TREE LANE has not materially changed since July 2009.

Where is 15 CHERRY TREE LANE?

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