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
51 CHURCH LANE is a very large extended detached house of 151m², built sometime between 1967 and 1975. It was last sold for £415,000 in June 2022, which was around 48% above the average June 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 51 CHURCH LANE since 1st 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 51 CHURCH LANE sales were for above 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 30 JUN | £415,000 | £279,524 | 48% above HPI |
2020 30 OCT | £385,000 | £233,330 | 65% above HPI |
2001 25 APR | £132,857 | £81,809 | 62% above HPI |
1998 19 FEB | £76,000 | £68,114 | 12% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 51 CHURCH LANE sales between February 1998 and June 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 October 2020 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the June 2022 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.
51 CHURCH LANE is 151m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% 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 51 CHURCH LANE lies on this distribution: 91% of detached houses are smaller than 51 CHURCH LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.
51 CHURCH LANE sits on a plot of roughly 0.294 of an acre, or 1,188m². The below map shows the location of 51 CHURCH 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 51 CHURCH 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.
51 CHURCH LANE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 51 on CHURCH LANE.