1, CHERRYTREE WAY, METHERINGHAM, LINCOLN, LN4 3UQ - £146,500

1 CHERRYTREE WAY is a small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £146,500 in April 2012, which was around 20% below the average April 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

1 CHERRYTREE WAY Sold Prices

Land registry data shows three sales for 1 CHERRYTREE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 1 CHERRYTREE WAY 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
2012 13 APR	£146,500	£183,088	20% below HPI
2007 29 JUN	£160,000	£195,434	18% below HPI
2000 28 JUL	£61,500	£79,010	22% below HPI

1 CHERRYTREE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 1 CHERRYTREE WAY sales between July 2000 and April 2012 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 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 CHERRYTREE WAY?

1 CHERRYTREE WAY is 79m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 1 CHERRYTREE WAY lies on this distribution: 33% of detached houses are smaller than 1 CHERRYTREE WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

1 CHERRYTREE WAY: Plot and Title Map

1 CHERRYTREE WAY sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 1 CHERRYTREE WAY, 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 CHERRYTREE WAY). 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 CHERRYTREE WAY?

1 CHERRYTREE WAY is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 1 on CHERRYTREE WAY.