12, HOLLY CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4BH - £168,000

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

12 HOLLY CLOSE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £168,000 in October 2019, which was around 27% below the average October 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

12 HOLLY CLOSE Sold Prices

Land registry data shows two sales for 12 HOLLY CLOSE 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 HOLLY CLOSE 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
2019 24 OCT	£168,000	£231,362	27% below HPI
2012 30 NOV	£124,950	£172,058	27% below HPI

12 HOLLY CLOSE 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 HOLLY CLOSE sales from November 2012 and October 2019 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 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2019 sale, which was also at 27% below the HPI.

How Large is 12 HOLLY CLOSE?

12 HOLLY CLOSE is 63m² according to the EPC inspection conducted in August 2012. 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 12 HOLLY CLOSE lies on this distribution: 7% of detached houses are smaller than 12 HOLLY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

12 HOLLY CLOSE: Plot and Title Map

12 HOLLY CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 12 HOLLY CLOSE, 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 HOLLY CLOSE). 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 HOLLY CLOSE?

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