38, ROSEDALE CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4RE - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 ROSEDALE CLOSE is a large extended detached house of 109m², built sometime between 2007 and 2011, which could now be worth an estimated £301,969. It was last sold for £305,000 in December 2022, which was around 4% above the average December 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was B, and the potential energy rating was B.

38 ROSEDALE CLOSE Sold Prices

Land registry data shows three sales for 38 ROSEDALE CLOSE 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 38 ROSEDALE CLOSE 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
2022 16 DEC	£305,000	£294,036	4% above HPI
2014 9 MAY	£197,500	£187,363	5% above HPI
2008 11 APR	£199,950	£193,595	3% above HPI

38 ROSEDALE CLOSE 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 38 ROSEDALE CLOSE sales between April 2008 and December 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 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 38 ROSEDALE CLOSE be worth now?

38 ROSEDALE CLOSE might now be worth an estimated £301,969.

This is based on house price deflation of 1%, between December 2022 and February 2025, 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 1% deflationary decrease is applied to the most recent sale price for 38 ROSEDALE CLOSE of £305,000 on 16th December 2022. For the value to have decreased from £305,000 to £301,969 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 38 ROSEDALE CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 38 ROSEDALE CLOSE has not materially changed since December 2022.

How Large is 38 ROSEDALE CLOSE?

38 ROSEDALE CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% 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 38 ROSEDALE CLOSE lies on this distribution: 67% of detached houses houses are smaller than 38 ROSEDALE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

38 ROSEDALE CLOSE: Plot and Title Map

38 ROSEDALE CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 38 ROSEDALE CLOSE, 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 38 ROSEDALE CLOSE). 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 38 ROSEDALE CLOSE?

38 ROSEDALE CLOSE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 38 on ROSEDALE CLOSE.