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

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.

47 WATERFORD LANE is a small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £255,965. It was last sold for £255,000 in November 2022, which was around 12% 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. All of the four 47 WATERFORD LANE 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
2022 1 NOV	£255,000	£290,017	12% below HPI
2014 2 MAY	£165,000	£187,363	12% below HPI
2012 22 MAY	£130,000	£177,578	27% below HPI
2005 15 SEP	£180,000	£182,477	1% below 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2022 sale, which was also at 12% below the HPI.

What might 47 WATERFORD LANE be worth now?

47 WATERFORD LANE might now be worth an estimated £255,965.

This is based on house price inflation of 0.4%, between November 2022 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 0.4% inflationary increase is applied to the most recent sale price for 47 WATERFORD LANE of £255,000 on 1st November 2022. For the value to have increased from £255,000 to £255,965 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 47 WATERFORD LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2022 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 47 WATERFORD LANE has not materially changed since November 2022.

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 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 47 WATERFORD LANE lies on this distribution: 29% of detached houses 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.