15, HOLLY CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4BH - £235,000

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

15 HOLLY CLOSE is a large extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £235,000 in March 2021, which was around 6% below the average March 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

15 HOLLY CLOSE Sold Prices

Land registry data shows four sales for 15 HOLLY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 15 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
2021 19 MAR	£235,000	£250,795	6% below HPI
2014 7 OCT	£158,000	£183,545	14% below HPI
2002 5 JUN	£97,000	£99,295	2% below HPI
2000 1 DEC	£67,500	£80,028	16% below HPI

15 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 four 15 HOLLY CLOSE sales between December 2000 and March 2021 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 October 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 15 HOLLY CLOSE?

15 HOLLY CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in March 2020. 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 15 HOLLY CLOSE lies on this distribution: 62% of detached houses are smaller than 15 HOLLY CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

15 HOLLY CLOSE: Plot and Title Map

15 HOLLY CLOSE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 15 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 15 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 15 HOLLY CLOSE?

15 HOLLY CLOSE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 15 on HOLLY CLOSE.