2, HOLLY CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4BH - £152,000

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 HOLLY CLOSE is a large extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £152,000 in September 2014, which was around 18% below the average September 2014 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 C.

2 HOLLY CLOSE Sold Prices

Land registry data shows three sales for 2 HOLLY 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. The three 2 HOLLY CLOSE sales were a mix of below the average price, and roughly equal to 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
2014 30 SEP	£152,000	£185,261	18% below HPI
2003 21 MAR	£137,000	£136,394	Close to HPI
1995 19 APR	£48,000	£61,340	22% below HPI

2 HOLLY 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 2 HOLLY CLOSE sales between April 1995 and September 2014 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 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 HOLLY CLOSE?

2 HOLLY CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% 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 HOLLY CLOSE lies on this distribution: 61% of detached houses are smaller than 2 HOLLY CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

2 HOLLY CLOSE: Plot and Title Map

2 HOLLY CLOSE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 2 HOLLY 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 2 HOLLY 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 2 HOLLY CLOSE?

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