14, CHERRYTREE AVENUE, INGOLDMELLS, SKEGNESS, PE25 1LR - £62,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 CHERRYTREE AVENUE is a very small extended detached house of 50m², built sometime between 1950 and 1966. It was last sold for £62,500 in September 2010, which was around 63% below the average September 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was E.

14 CHERRYTREE AVENUE Sold Prices

Land registry data shows two sales for 14 CHERRYTREE 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 East Lindsey local authority area for the corresponding sale date. Both of the two 14 CHERRYTREE 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
2010 10 SEP	£62,500	£170,633	63% below HPI
2000 17 JAN	£25,000	£73,656	66% below HPI

14 CHERRYTREE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 14 CHERRYTREE AVENUE sales from January 2000 and September 2010 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 2000 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the September 2010 sale, where it rises to 63% below the HPI. The line then continues to track at 63% below the HPI.

What might 14 CHERRYTREE AVENUE be worth now?

14 CHERRYTREE AVENUE might now be worth an estimated £104,351.

This is based on house price inflation of 67%, between September 2010 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67% inflationary increase is applied to the most recent sale price for 14 CHERRYTREE AVENUE of £62,500 on 10th September 2010. For the value to have increased from £62,500 to £104,351 over the thirteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 14 CHERRYTREE AVENUE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2010 sale price of £62,500 represented a fair market value for the property.
• The size, condition, and specification of 14 CHERRYTREE AVENUE has not materially changed since September 2010.

How Large is 14 CHERRYTREE AVENUE?

14 CHERRYTREE AVENUE is 50m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ingoldmells, and where 14 CHERRYTREE AVENUE lies on this distribution: 5% of detached houses houses are smaller than 14 CHERRYTREE AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

14 CHERRYTREE AVENUE: Plot and Title Map

14 CHERRYTREE AVENUE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 14 CHERRYTREE 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 14 CHERRYTREE 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 14 CHERRYTREE AVENUE?

14 CHERRYTREE AVENUE is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 14 on CHERRYTREE AVENUE.