37, MINSTER DRIVE, CHERRY WILLINGHAM, LINCOLN, LN3 4LR - £221,000

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

37 MINSTER DRIVE is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £221,000 in December 2021, which was around 17% below the average December 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

37 MINSTER DRIVE Sold Prices

Land registry data shows three sales for 37 MINSTER 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 37 MINSTER 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
2021 10 DEC	£221,000	£265,050	17% below HPI
2014 9 JUL	£157,500	£184,669	15% below HPI
2009 15 SEP	£124,500	£178,678	30% below HPI

37 MINSTER 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 37 MINSTER DRIVE sales between September 2009 and December 2021 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 July 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 37 MINSTER DRIVE?

37 MINSTER DRIVE is 70m² according to the EPC inspection conducted in August 2024. 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 37 MINSTER DRIVE lies on this distribution: 16% of detached houses are smaller than 37 MINSTER DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

37 MINSTER DRIVE: Plot and Title Map

37 MINSTER DRIVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 37 MINSTER 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 37 MINSTER 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 37 MINSTER DRIVE?

37 MINSTER DRIVE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 37 on MINSTER DRIVE.