4, MEADWAY, CHERRY WILLINGHAM, LINCOLN, LN3 4BN - £158,000

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.

4 MEADWAY is a very small detached house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £241,078. It was last sold for £158,000 in March 2015, which was around 17% below the average March 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

4 MEADWAY Sold Prices

Land registry data shows two sales for 4 MEADWAY 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 4 MEADWAY 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
2015 20 MAR	£158,000	£190,793	17% below HPI
1995 10 APR	£54,850	£62,233	12% below HPI

4 MEADWAY 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 4 MEADWAY sales from April 1995 and March 2015 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 April 1995 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2015 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 4 MEADWAY be worth now?

4 MEADWAY might now be worth an estimated £241,078.

This is based on house price inflation of 52.6%, between March 2015 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 52.6% inflationary increase is applied to the most recent sale price for 4 MEADWAY of £158,000 on 20th March 2015. For the value to have increased from £158,000 to £241,078 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 4 MEADWAY has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2015 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MEADWAY has not materially changed since March 2015.

How Large is 4 MEADWAY?

4 MEADWAY is 65m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 4 MEADWAY lies on this distribution: 9% of detached houses houses are smaller than 4 MEADWAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

4 MEADWAY: Plot and Title Map

4 MEADWAY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 4 MEADWAY, 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 4 MEADWAY). 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 4 MEADWAY?

4 MEADWAY is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 4 on MEADWAY.