53, JUBILEE CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4LD - £252,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

53 JUBILEE CLOSE is a small detached house of 80m², built sometime between 2007 and 2011. It was last sold for £252,500 in April 2023, which was around 6% below the average April 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

53 JUBILEE CLOSE Sold Prices

Land registry data shows three sales for 53 JUBILEE 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 53 JUBILEE 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
2023 25 APR	£252,500	£268,944	6% below HPI
2017 24 NOV	£209,000	£215,405	3% below HPI
2013 30 MAY	£163,500	£176,784	8% below HPI

53 JUBILEE 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 53 JUBILEE CLOSE sales between May 2013 and April 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 November 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 53 JUBILEE CLOSE?

53 JUBILEE CLOSE is 80m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% 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 53 JUBILEE CLOSE lies on this distribution: 30% of detached houses are smaller than 53 JUBILEE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

53 JUBILEE CLOSE: Plot and Title Map

53 JUBILEE CLOSE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 53 JUBILEE 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 53 JUBILEE 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 53 JUBILEE CLOSE?

53 JUBILEE CLOSE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 53 on JUBILEE CLOSE.