2, ASH GROVE, CHERRY WILLINGHAM, LINCOLN, LN3 4BL - £150,000

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

2 ASH GROVE is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £150,000 in May 2021, which was around 40% below the average May 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 ASH GROVE Sold Prices

Land registry data shows two sales for 2 ASH GROVE 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 2 ASH GROVE 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 13 MAY	£150,000	£251,203	40% below HPI
2021 5 FEB	£150,000	£247,515	39% below HPI

2 ASH GROVE 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 2 ASH GROVE sales from February 2021 and May 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 February 2021 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 ASH GROVE?

2 ASH GROVE is 70m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 2 ASH GROVE lies on this distribution: 16% of detached houses are smaller than 2 ASH GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

2 ASH GROVE: Plot and Title Map

2 ASH GROVE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 2 ASH GROVE, 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 2 ASH GROVE). 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 2 ASH GROVE?

2 ASH GROVE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 2 on ASH GROVE.