39, LABURNUM DRIVE, CHERRY WILLINGHAM, LINCOLN, LN3 4AR - £160,000

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

39 LABURNUM DRIVE is a small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £160,000 in March 2017, which was around 22% below the average March 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

39 LABURNUM DRIVE Sold Prices

Land registry data shows two sales for 39 LABURNUM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 39 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
2017 20 MAR	£160,000	£205,306	22% below HPI
1995 18 MAY	£47,950	£60,611	21% below HPI

39 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 two 39 LABURNUM DRIVE sales from May 1995 and March 2017 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 1995 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 39 LABURNUM DRIVE?

39 LABURNUM DRIVE is 72m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% 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 39 LABURNUM DRIVE lies on this distribution: 22% of detached houses are smaller than 39 LABURNUM DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

39 LABURNUM DRIVE: Plot and Title Map

39 LABURNUM DRIVE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 39 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 39 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 39 LABURNUM DRIVE?

39 LABURNUM DRIVE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 39 on LABURNUM DRIVE.