16, MILTON CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4RA - £281,000

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

16 MILTON CLOSE is a midsized detached house of 93m², built sometime between 2003 and 2006. It was last sold for £281,000 in June 2024, which was around 5% above the average June 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

16 MILTON CLOSE Sold Prices

Land registry data shows three sales for 16 MILTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 16 MILTON CLOSE sales were for above the average price, whilst one was 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
2024 20 JUN	£281,000	£268,425	5% above HPI
2022 1 JUN	£251,000	£279,524	10% below HPI
2003 26 NOV	£185,000	£148,078	25% above HPI

16 MILTON 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 three 16 MILTON CLOSE sales between November 2003 and June 2024 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 2022 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2024 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 16 MILTON CLOSE?

16 MILTON CLOSE is 93m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% 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 16 MILTON CLOSE lies on this distribution: 46% of detached houses are smaller than 16 MILTON CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

16 MILTON CLOSE: Plot and Title Map

16 MILTON CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 16 MILTON 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 16 MILTON 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 16 MILTON CLOSE?

16 MILTON CLOSE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 16 on MILTON CLOSE.