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

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 HEATHCROFT is a very large detached house of 132m², built sometime from 2007 onwards, which could now be worth an estimated £316,773. It was last sold for £240,000 in May 2017, which was around 11% 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	£215,866	11% above HPI
2013 11 MAR	£185,000	£178,693	4% above HPI
2009 29 SEP	£199,950	£181,279	10% 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2017 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 HEATHCROFT be worth now?

2 HEATHCROFT might now be worth an estimated £316,773.

This is based on house price inflation of 32%, between May 2017 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 32% inflationary increase is applied to the most recent sale price for 2 HEATHCROFT of £240,000 on 24th May 2017. For the value to have increased from £240,000 to £316,773 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 2 HEATHCROFT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2017 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEATHCROFT has not materially changed since May 2017.

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 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 HEATHCROFT lies on this distribution: 82% of detached houses 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.