5, NEWSTEAD AVENUE, CHERRY WILLINGHAM, LINCOLN, LN3 4AG - £290,000

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 NEWSTEAD AVENUE is a midsized detached house of 95m², built sometime between 1950 and 1966. It was last sold for £290,000 in March 2023, which was around 8% above the average March 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

5 NEWSTEAD AVENUE Sold Prices

Land registry data shows three sales for 5 NEWSTEAD AVENUE 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. One of the three 5 NEWSTEAD AVENUE sales was for above the average price, whilst two 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
2023 31 MAR	£290,000	£268,478	8% above HPI
2017 20 FEB	£195,000	£203,399	4% below HPI
2004 6 JUL	£147,500	£171,695	14% below HPI

5 NEWSTEAD AVENUE 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 NEWSTEAD AVENUE sales between July 2004 and March 2023 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 February 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 5 NEWSTEAD AVENUE?

5 NEWSTEAD AVENUE is 95m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 NEWSTEAD AVENUE lies on this distribution: 49% of detached houses are smaller than 5 NEWSTEAD AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

5 NEWSTEAD AVENUE: Plot and Title Map

5 NEWSTEAD AVENUE sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 5 NEWSTEAD AVENUE, 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 NEWSTEAD AVENUE). 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 NEWSTEAD AVENUE?

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