7, MAYFAIR CLOSE, CHERRY WILLINGHAM, LINCOLN, LN3 4GH - £200,000

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

7 MAYFAIR CLOSE is a small semi-detached house of 81m², built sometime between 2007 and 2011. It was last sold for £200,000 in March 2018, which was around 6% below the average March 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

7 MAYFAIR CLOSE Sold Prices

Land registry data shows three sales for 7 MAYFAIR 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 7 MAYFAIR 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
2018 16 MAR	£200,000	£213,838	6% below HPI
2012 27 APR	£157,500	£173,638	9% below HPI
2010 27 AUG	£160,000	£189,838	16% below HPI

7 MAYFAIR 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 7 MAYFAIR CLOSE sales between August 2010 and March 2018 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 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 MAYFAIR CLOSE?

7 MAYFAIR CLOSE is 81m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% 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 7 MAYFAIR CLOSE lies on this distribution: 31% of detached houses are smaller than 7 MAYFAIR CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

7 MAYFAIR CLOSE: Plot and Title Map

7 MAYFAIR CLOSE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 7 MAYFAIR 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 7 MAYFAIR 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 7 MAYFAIR CLOSE?

7 MAYFAIR CLOSE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 7 on MAYFAIR CLOSE.