7, ORCHARD CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4BA - £72,000

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.

7 ORCHARD CLOSE is a very small semi-detached house of 47m², built sometime between 1950 and 1966, which could now be worth an estimated £92,876. It was last sold for £72,000 in May 2019, which was around 49% below the average May 2019 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was F, and the potential energy rating was B.

7 ORCHARD CLOSE Sold Prices

Land registry data shows one sale for 7 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2019 3 MAY	£72,000	£141,429	49% below HPI

What might 7 ORCHARD CLOSE be worth now?

7 ORCHARD CLOSE might now be worth an estimated £92,876.

This is based on house price inflation of 29%, between May 2019 and May 2026, for semi-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 29% inflationary increase is applied to the most recent sale price for 7 ORCHARD CLOSE of £72,000 on 3rd May 2019. For the value to have increased from £72,000 to £92,876 over the seven years to May 2026, the following assumptions must hold true:

• The value of 7 ORCHARD CLOSE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The May 2019 sale price of £72,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ORCHARD CLOSE has not materially changed since May 2019.

How Large is 7 ORCHARD CLOSE?

7 ORCHARD CLOSE is 47m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of semi-detached houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Cherry Willingham, and where 7 ORCHARD CLOSE lies on this distribution: 1% of semi-detached houses are smaller than 7 ORCHARD CLOSE, and 98% of semi-detached houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

7 ORCHARD CLOSE: Plot

7 ORCHARD CLOSE sits on a plot of roughly 0.050 of an acre, or 202m².

Where is 7 ORCHARD CLOSE?

7 ORCHARD CLOSE is located in CHERRY WILLINGHAM, in the LN3 postcode district.