21, CHERRY TREE LANE, NETTLEHAM, LINCOLN, LN2 2PR - £350,000

21 CHERRY TREE LANE is a midsized extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £350,000 in October 2021, which was around 38% above the average October 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

21 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 21 CHERRY TREE LANE 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 21 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
2021 20 OCT	£350,000	£253,335	38% above HPI
2020 8 OCT	£310,000	£233,330	33% above HPI

21 CHERRY TREE LANE 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 21 CHERRY TREE LANE sales from October 2020 and October 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 October 2020 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 21 CHERRY TREE LANE?

21 CHERRY TREE LANE is 111m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 21 CHERRY TREE LANE lies on this distribution: 48% of detached houses are smaller than 21 CHERRY TREE LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

21 CHERRY TREE LANE: Plot and Title Map

21 CHERRY TREE LANE sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 21 CHERRY TREE LANE, 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 21 CHERRY TREE LANE). 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 21 CHERRY TREE LANE?

21 CHERRY TREE LANE is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 21 on CHERRY TREE LANE.