16, CHERRY TREE LANE, NETTLEHAM, LINCOLN, LN2 2PR - £455,000

16 CHERRY TREE LANE is a very large extended detached house of 243m², built sometime between 1983 and 1990. It was last sold for £455,000 in August 2019, which was around 106% above the average August 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

16 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 16 CHERRY TREE 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 16 CHERRY TREE 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
2019 30 AUG	£455,000	£221,167	106% above HPI
1997 5 JUN	£149,000	£65,185	129% above HPI

16 CHERRY TREE 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 16 CHERRY TREE LANE sales from June 1997 and August 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 June 1997 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the August 2019 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is 16 CHERRY TREE LANE?

16 CHERRY TREE LANE is 243m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 16 CHERRY TREE LANE lies on this distribution: 98% of detached houses are smaller than 16 CHERRY TREE LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

16 CHERRY TREE LANE: Plot and Title Map

16 CHERRY TREE LANE sits on a plot of roughly 0.482 of an acre, or 1,949m². The below map shows the location of 16 CHERRY TREE 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 16 CHERRY TREE 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 16 CHERRY TREE LANE?

16 CHERRY TREE LANE is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 16 on CHERRY TREE LANE.