2, WESTHOLM, CHERRY WILLINGHAM, LINCOLN, LN3 4DB - £200,000

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 WESTHOLM is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £234,679. It was last sold for £200,000 in December 2020, which was around 18% below the average December 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 WESTHOLM Sold Prices

Land registry data shows two sales for 2 WESTHOLM 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 WESTHOLM 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
2020 18 DEC	£200,000	£242,816	18% below HPI
1999 16 JUN	£59,950	£67,711	11% below HPI

2 WESTHOLM 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 WESTHOLM sales from June 1999 and December 2020 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 June 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 WESTHOLM be worth now?

2 WESTHOLM might now be worth an estimated £234,679.

This is based on house price inflation of 17.3%, between December 2020 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 17.3% inflationary increase is applied to the most recent sale price for 2 WESTHOLM of £200,000 on 18th December 2020. For the value to have increased from £200,000 to £234,679 over the four years to December 2024, the following assumptions must hold true:

• The value of 2 WESTHOLM has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WESTHOLM has not materially changed since December 2020.

How Large is 2 WESTHOLM?

2 WESTHOLM is 71m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 WESTHOLM lies on this distribution: 20% of detached houses houses are smaller than 2 WESTHOLM, and 79% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

2 WESTHOLM: Plot and Title Map

2 WESTHOLM sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 2 WESTHOLM, 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 WESTHOLM). 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 WESTHOLM?

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