2, HEATHCROFT, CHERRY WILLINGHAM, LINCOLN, LN3 4RB - £240,000

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 HEATHCROFT is a very large detached house of 132m², built sometime from 2007 onwards. It was last sold for £240,000 in May 2017, which was around 13% above the average May 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

2 HEATHCROFT Sold Prices

Land registry data shows three sales for 2 HEATHCROFT 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. All of the three 2 HEATHCROFT 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
2017 24 MAY	£240,000	£212,769	13% above HPI
2013 11 MAR	£185,000	£176,129	5% above HPI
2009 29 SEP	£199,950	£178,678	12% above HPI

2 HEATHCROFT 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 2 HEATHCROFT sales between September 2009 and May 2017 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 March 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2017 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 2 HEATHCROFT?

2 HEATHCROFT is 132m² according to the EPC inspection conducted in February 2011. This puts it in the largest 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 HEATHCROFT lies on this distribution: 82% of detached houses are smaller than 2 HEATHCROFT, and 18% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

2 HEATHCROFT: Plot and Title Map

2 HEATHCROFT sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 2 HEATHCROFT, 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 HEATHCROFT). 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 HEATHCROFT?

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