2, CHERRY HOLT, CHERRY WILLINGHAM, LINCOLN, LN3 4PR - £96,500

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

2 CHERRY HOLT is a very small detached house of 63m², built sometime between 1996 and 2002, which could now be worth an estimated £245,274. It was last sold for £96,500 in September 2002, which was around 14% below the average September 2002 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

2 CHERRY HOLT Sold Prices

Land registry data shows two sales for 2 CHERRY HOLT 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 CHERRY HOLT 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
2002 23 SEP	£96,500	£112,098	14% below HPI
1997 19 DEC	£54,950	£68,129	19% below HPI

2 CHERRY HOLT 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 CHERRY HOLT sales from December 1997 and September 2002 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 December 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2002 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 CHERRY HOLT be worth now?

2 CHERRY HOLT might now be worth an estimated £245,274.

This is based on house price inflation of 154.2%, between September 2002 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 154.2% inflationary increase is applied to the most recent sale price for 2 CHERRY HOLT of £96,500 on 23rd September 2002. For the value to have increased from £96,500 to £245,274 over the 21 years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 CHERRY HOLT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2002 sale price of £96,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERRY HOLT has not materially changed since September 2002.

How Large is 2 CHERRY HOLT?

2 CHERRY HOLT is 63m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cherry Willingham, and where 2 CHERRY HOLT lies on this distribution: 7% of detached houses houses are smaller than 2 CHERRY HOLT, and 93% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

2 CHERRY HOLT: Plot and Title Map

2 CHERRY HOLT sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 2 CHERRY HOLT, 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 CHERRY HOLT). 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 CHERRY HOLT?

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