4, PARK HILL, CHERRY WILLINGHAM, LINCOLN, LN3 4PQ - £134,000

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 PARK HILL is a very small detached house of 65m², built sometime between 1996 and 2002, which could now be worth an estimated £207,569. It was last sold for £134,000 in March 2014, which was around 29% below the average March 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

4 PARK HILL Sold Prices

Land registry data shows two sales for 4 PARK HILL 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 PARK HILL 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
2014 3 MAR	£134,000	£187,934	29% below HPI
1998 30 JAN	£53,950	£68,343	21% below HPI

4 PARK HILL 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 PARK HILL sales from January 1998 and March 2014 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 January 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2014 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 4 PARK HILL be worth now?

4 PARK HILL might now be worth an estimated £207,569.

This is based on house price inflation of 54.9%, between March 2014 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 54.9% inflationary increase is applied to the most recent sale price for 4 PARK HILL of £134,000 on 3rd March 2014. For the value to have increased from £134,000 to £207,569 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 4 PARK HILL has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2014 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PARK HILL has not materially changed since March 2014.

How Large is 4 PARK HILL?

4 PARK HILL is 65m² according to the EPC inspection conducted in September 2013. 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 PARK HILL lies on this distribution: 9% of detached houses houses are smaller than 4 PARK HILL, and 90% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

4 PARK HILL: Plot and Title Map

4 PARK HILL sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 4 PARK HILL, 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 PARK HILL). 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 PARK HILL?

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