47, WATERFORD LANE, CHERRY WILLINGHAM, LINCOLN, LN3 4AN - £255,000

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

47 WATERFORD LANE is a small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £255,000 in November 2022, which was around 11% below the average November 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

47 WATERFORD LANE Sold Prices

Land registry data shows four sales for 47 WATERFORD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. The four 47 WATERFORD LANE sales were a mix of below the average price, and roughly equal to 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 1 NOV	£255,000	£285,856	11% below HPI
2014 2 MAY	£165,000	£184,675	11% below HPI
2012 22 MAY	£130,000	£175,030	26% below HPI
2005 15 SEP	£180,000	£179,860	Close to HPI

47 WATERFORD LANE 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 four 47 WATERFORD LANE sales between September 2005 and November 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2022 sale, which was also at 11% below the HPI.

How Large is 47 WATERFORD LANE?

47 WATERFORD LANE is 79m² according to the EPC inspection conducted in August 2014. 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 47 WATERFORD LANE lies on this distribution: 29% of detached houses are smaller than 47 WATERFORD LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

47 WATERFORD LANE: Plot and Title Map

47 WATERFORD LANE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 47 WATERFORD LANE, 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 47 WATERFORD LANE). 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 47 WATERFORD LANE?

47 WATERFORD LANE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 47 on WATERFORD LANE.