1, CEDAR AVENUE, CHERRY WILLINGHAM, LINCOLN, LN3 4BQ - £211,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CEDAR AVENUE is a very small extended detached house of 63m², built sometime between 1967 and 1975. It was last sold for £211,000 in November 2022, which was around 26% below the average November 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

1 CEDAR AVENUE Sold Prices

Land registry data shows two sales for 1 CEDAR AVENUE 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 1 CEDAR AVENUE sales were for below 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
2022 1 NOV	£211,000	£285,856	26% below HPI
1997 24 JUN	£49,500	£65,185	24% below HPI

1 CEDAR AVENUE 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 1 CEDAR AVENUE sales from June 1997 and November 2022 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 June 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 CEDAR AVENUE?

1 CEDAR AVENUE is 63m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cherry Willingham, and where 1 CEDAR AVENUE lies on this distribution: 7% of detached houses are smaller than 1 CEDAR AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

1 CEDAR AVENUE: Plot and Title Map

1 CEDAR AVENUE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 1 CEDAR AVENUE, 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 1 CEDAR AVENUE). 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 1 CEDAR AVENUE?

1 CEDAR AVENUE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 1 on CEDAR AVENUE.