12, CROFT LANE, CHERRY WILLINGHAM, LINCOLN, LN3 4JE - £270,000

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

12 CROFT LANE is a large extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £270,000 in November 2014, which was around 45% above the average November 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

12 CROFT LANE Sold Prices

Land registry data shows two sales for 12 CROFT 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 12 CROFT 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
2014 21 NOV	£270,000	£185,594	45% above HPI
1998 27 NOV	£102,500	£67,211	53% above HPI

12 CROFT 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 12 CROFT LANE sales from November 1998 and November 2014 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 November 1998 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the November 2014 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 12 CROFT LANE?

12 CROFT LANE is 109m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 40% 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 12 CROFT LANE lies on this distribution: 66% of detached houses are smaller than 12 CROFT LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

12 CROFT LANE: Plot and Title Map

12 CROFT LANE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 12 CROFT 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 12 CROFT 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 12 CROFT LANE?

12 CROFT LANE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 12 on CROFT LANE.