23, LABURNUM DRIVE, CHERRY WILLINGHAM, LINCOLN, LN3 4AT - £144,000

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

23 LABURNUM DRIVE is a midsized detached house of 92m², built sometime between 1967 and 1975. It was last sold for £144,000 in December 2011, which was around 19% below the average December 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

23 LABURNUM DRIVE Sold Prices

Land registry data shows three sales for 23 LABURNUM DRIVE 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 23 LABURNUM DRIVE 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
2011 16 DEC	£144,000	£178,256	19% below HPI
2005 12 SEP	£155,000	£182,477	15% below HPI
1995 13 APR	£55,000	£62,233	12% below HPI

23 LABURNUM DRIVE 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 23 LABURNUM DRIVE sales between April 1995 and December 2011 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 September 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2011 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 23 LABURNUM DRIVE be worth now?

23 LABURNUM DRIVE might now be worth an estimated £230,165.

This is based on house price inflation of 59.8%, between December 2011 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 59.8% inflationary increase is applied to the most recent sale price for 23 LABURNUM DRIVE of £144,000 on 16th December 2011. For the value to have increased from £144,000 to £230,165 over the thirteen years to December 2024, the following assumptions must hold true:

• The value of 23 LABURNUM DRIVE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2011 sale price of £144,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LABURNUM DRIVE has not materially changed since December 2011.

How Large is 23 LABURNUM DRIVE?

23 LABURNUM DRIVE is 92m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% 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 23 LABURNUM DRIVE lies on this distribution: 45% of detached houses houses are smaller than 23 LABURNUM DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

23 LABURNUM DRIVE: Plot and Title Map

23 LABURNUM DRIVE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 23 LABURNUM DRIVE, 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 23 LABURNUM DRIVE). 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 23 LABURNUM DRIVE?

23 LABURNUM DRIVE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 23 on LABURNUM DRIVE.