4, MILTON CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4RA - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 MILTON CLOSE is a small detached house of 83m², built sometime between 2003 and 2006. It was last sold for £200,000 in May 2019, which was around 10% below the average May 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

4 MILTON CLOSE Sold Prices

Land registry data shows three sales for 4 MILTON 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 4 MILTON CLOSE 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
2019 17 MAY	£200,000	£222,264	10% below HPI
2016 21 OCT	£192,550	£205,241	6% below HPI
2004 5 MAR	£149,950	£152,532	2% below HPI

4 MILTON 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 4 MILTON CLOSE sales between March 2004 and May 2019 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 October 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 MILTON CLOSE?

4 MILTON CLOSE is 83m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% 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 4 MILTON CLOSE lies on this distribution: 35% of detached houses are smaller than 4 MILTON CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

4 MILTON CLOSE: Plot and Title Map

4 MILTON CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 4 MILTON 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 4 MILTON 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 4 MILTON CLOSE?

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