1, CHERRY LANE, WOOTTON, ULCEBY, DN39 6RL - £335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CHERRY LANE is a small detached house of 101m², built sometime between 1967 and 1975. It was last sold for £335,000 in July 2023, which was around 38% above the average July 2023 detached price in the North Lincolnshire 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.

1 CHERRY LANE Sold Prices

Land registry data shows four sales for 1 CHERRY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. The four 1 CHERRY LANE sales were a mix of above the average price, roughly equal to the average price, and 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
2023 24 JUL	£335,000	£242,032	38% above HPI
2020 17 JAN	£197,500	£196,821	Close to HPI
2017 19 DEC	£190,000	£190,399	Close to HPI
2006 20 JAN	£145,000	£159,111	9% below HPI

1 CHERRY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The four 1 CHERRY LANE sales between January 2006 and July 2023 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 January 2020 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2023 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 1 CHERRY LANE?

1 CHERRY LANE is 101m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 1 CHERRY LANE lies on this distribution: 24% of detached houses are smaller than 1 CHERRY LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Wootton.

1 CHERRY LANE: Plot and Title Map

1 CHERRY LANE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 1 CHERRY 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 1 CHERRY 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 1 CHERRY LANE?

1 CHERRY LANE is located in WOOTTON, in the DN39 postcode district. The below map shows the position of No. 1 on CHERRY LANE.