61, WATERFORD LANE, CHERRY WILLINGHAM, LINCOLN, LN3 4AN - £220,000

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

61 WATERFORD LANE is a midsized extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £220,000 in April 2016, which was around 14% above the average April 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

61 WATERFORD LANE Sold Prices

Land registry data shows two sales for 61 WATERFORD LANE 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 61 WATERFORD LANE 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
2016 28 APR	£220,000	£192,407	14% above HPI
2015 5 AUG	£195,000	£200,318	3% below HPI

61 WATERFORD LANE 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 61 WATERFORD LANE sales from August 2015 and April 2016 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 August 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2016 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 61 WATERFORD LANE?

61 WATERFORD LANE is 97m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 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 61 WATERFORD LANE lies on this distribution: 51% of detached houses are smaller than 61 WATERFORD LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

61 WATERFORD LANE: Plot and Title Map

61 WATERFORD LANE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 61 WATERFORD 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 61 WATERFORD 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.

Where is 61 WATERFORD LANE?

61 WATERFORD LANE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 61 on WATERFORD LANE.