8, CHERRY TREE LANE, NETTLEHAM, LINCOLN, LN2 2PR - £118,000

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.

8 CHERRY TREE LANE is a large extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £377,657. It was last sold for £118,000 in December 2001, which was around 31% above the average December 2001 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

8 CHERRY TREE LANE Sold Prices

Land registry data shows one sale for 8 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
2001 13 DEC	£118,000	£90,381	31% above HPI

What might 8 CHERRY TREE LANE be worth now?

8 CHERRY TREE LANE might now be worth an estimated £377,657.

This is based on house price inflation of 220%, between December 2001 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 220% inflationary increase is applied to the most recent sale price for 8 CHERRY TREE LANE of £118,000 on 13th December 2001. For the value to have increased from £118,000 to £377,657 over the 25 years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 CHERRY TREE LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2001 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHERRY TREE LANE has not materially changed since December 2001.

How Large is 8 CHERRY TREE LANE?

8 CHERRY TREE LANE is 134m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 8 CHERRY TREE LANE lies on this distribution: 64% of detached houses are smaller than 8 CHERRY TREE LANE, and 35% of detached houses are larger. Note that EPC data is not available for all properties in Nettleham.

8 CHERRY TREE LANE: Plot

8 CHERRY TREE LANE sits on a plot of roughly 0.140 of an acre, or 567m².

Where is 8 CHERRY TREE LANE?

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