29, CHERRY TREE LANE, NETTLEHAM, LINCOLN, LN2 2PR - £212,000

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

29 CHERRY TREE LANE is a small detached house of 97m², built sometime between 1950 and 1966. It was last sold for £212,000 in May 2007, which was around 15% above the average May 2007 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

29 CHERRY TREE LANE Sold Prices

Land registry data shows three sales for 29 CHERRY TREE LANE 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 29 CHERRY TREE LANE 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
2007 11 MAY	£212,000	£184,311	15% above HPI
2005 24 MAR	£184,000	£168,187	9% above HPI
1996 8 JUL	£74,300	£61,200	21% above HPI

29 CHERRY TREE LANE 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 29 CHERRY TREE LANE sales between July 1996 and May 2007 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 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2007 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 29 CHERRY TREE LANE?

29 CHERRY TREE LANE is 97m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 40% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 29 CHERRY TREE LANE lies on this distribution: 35% of detached houses are smaller than 29 CHERRY TREE LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

29 CHERRY TREE LANE: Plot and Title Map

29 CHERRY TREE LANE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 29 CHERRY TREE LANE, 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 29 CHERRY TREE LANE). 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 29 CHERRY TREE LANE?

29 CHERRY TREE LANE is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 29 on CHERRY TREE LANE.