5, FERN GROVE, CHERRY WILLINGHAM, LINCOLN, LN3 4BG - £190,000

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 FERN GROVE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £190,000 in October 2018, which was around 16% below the average October 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

5 FERN GROVE Sold Prices

Land registry data shows two sales for 5 FERN GROVE 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 5 FERN GROVE 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
2018 26 OCT	£190,000	£225,536	16% below HPI
2017 29 JUN	£176,000	£214,952	18% below HPI

5 FERN GROVE 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 5 FERN GROVE sales from June 2017 and October 2018 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 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 FERN GROVE?

5 FERN GROVE is 66m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% 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 5 FERN GROVE lies on this distribution: 10% of detached houses are smaller than 5 FERN GROVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

5 FERN GROVE: Plot and Title Map

5 FERN GROVE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 5 FERN GROVE, 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 FERN GROVE). 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 FERN GROVE?

5 FERN GROVE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 5 on FERN GROVE.