52, MINSTER DRIVE, CHERRY WILLINGHAM, LINCOLN, LN3 4NA - £124,000

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

52 MINSTER DRIVE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £124,000 in October 2014, which was around 32% below the average October 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

52 MINSTER DRIVE Sold Prices

Land registry data shows two sales for 52 MINSTER DRIVE 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 52 MINSTER DRIVE 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
2014 30 OCT	£124,000	£183,545	32% below HPI
1997 24 FEB	£43,158	£64,228	33% below HPI

52 MINSTER DRIVE 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 52 MINSTER DRIVE sales from February 1997 and October 2014 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 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2014 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 52 MINSTER DRIVE?

52 MINSTER DRIVE is 62m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 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 52 MINSTER DRIVE lies on this distribution: 6% of detached houses are smaller than 52 MINSTER DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

52 MINSTER DRIVE: Plot and Title Map

52 MINSTER DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 52 MINSTER DRIVE, 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 52 MINSTER DRIVE). 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 52 MINSTER DRIVE?

52 MINSTER DRIVE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 52 on MINSTER DRIVE.