32, CROFT LANE, CHERRY WILLINGHAM, LINCOLN, LN3 4JN - £210,000

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

32 CROFT LANE is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £210,000 in January 2022, which was around 24% below the average January 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

32 CROFT LANE Sold Prices

Land registry data shows three sales for 32 CROFT 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 32 CROFT LANE 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
2022 10 JAN	£210,000	£275,232	24% below HPI
2017 16 MAY	£151,000	£212,769	29% below HPI
2007 14 DEC	£105,000	£201,838	48% below HPI

32 CROFT 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 32 CROFT LANE sales between December 2007 and January 2022 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 May 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 32 CROFT LANE?

32 CROFT LANE is 68m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% 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 32 CROFT LANE lies on this distribution: 12% of detached houses are smaller than 32 CROFT LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

32 CROFT LANE: Plot and Title Map

32 CROFT LANE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 32 CROFT 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 32 CROFT 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 32 CROFT LANE?

32 CROFT LANE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 32 on CROFT LANE.