5, CHERITON CLOSE, BARDNEY, LINCOLN, LN3 5XY - £140,000

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

5 CHERITON CLOSE is a very small detached house of 62m², built sometime between 1991 and 1995. It was last sold for £140,000 in December 2016, which was around 32% below the average December 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

5 CHERITON CLOSE Sold Prices

Land registry data shows three sales for 5 CHERITON 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 5 CHERITON 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
2016 13 DEC	£140,000	£206,444	32% below HPI
2014 9 JUN	£117,500	£184,269	36% below HPI
2014 24 APR	£115,000	£183,519	37% below HPI

5 CHERITON 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 5 CHERITON CLOSE sales between April 2014 and December 2016 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 June 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 CHERITON CLOSE?

5 CHERITON CLOSE is 62m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Bardney, based on EPC data. The below chart shows the distribution of detached houses by size in Bardney, and where 5 CHERITON CLOSE lies on this distribution: 6% of detached houses are smaller than 5 CHERITON CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bardney.

5 CHERITON CLOSE: Plot and Title Map

5 CHERITON CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 5 CHERITON 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 5 CHERITON 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 5 CHERITON CLOSE?

5 CHERITON CLOSE is located in BARDNEY, in the LN3 postcode district. The below map shows the position of No. 5 on CHERITON CLOSE.