53, LABURNUM DRIVE, CHERRY WILLINGHAM, LINCOLN, LN3 4AR - £235,000

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

53 LABURNUM DRIVE is a large extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £235,000 in March 2020, which was around 4% above the average March 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

53 LABURNUM DRIVE Sold Prices

Land registry data shows two sales for 53 LABURNUM 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. One of the two 53 LABURNUM DRIVE sales was for above the average price, whilst the other was 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
2020 20 MAR	£235,000	£225,880	4% above HPI
2001 18 APR	£75,000	£81,809	8% below HPI

53 LABURNUM 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 53 LABURNUM DRIVE sales from April 2001 and March 2020 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 April 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 53 LABURNUM DRIVE?

53 LABURNUM DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 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 LABURNUM DRIVE lies on this distribution: 73% of detached houses are smaller than 53 LABURNUM DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

53 LABURNUM DRIVE: Plot and Title Map

53 LABURNUM DRIVE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 53 LABURNUM 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 53 LABURNUM 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 53 LABURNUM DRIVE?

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