7, MIDHOLM, CHERRY WILLINGHAM, LINCOLN, LN3 4DA - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 MIDHOLM is a large detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £394,497. It was last sold for £315,000 in July 2020, which was around 36% above the average July 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

7 MIDHOLM Sold Prices

Land registry data shows four sales for 7 MIDHOLM since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 7 MIDHOLM sales were for above 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 24 JUL	£315,000	£232,450	36% above HPI
2014 19 MAR	£218,000	£187,934	16% above HPI
2007 31 AUG	£223,000	£198,324	12% above HPI
1999 20 OCT	£94,950	£73,230	30% above HPI

7 MIDHOLM 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 four 7 MIDHOLM sales between October 1999 and July 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 March 2014 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2020 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 7 MIDHOLM be worth now?

7 MIDHOLM might now be worth an estimated £394,497.

This is based on house price inflation of 25.2%, between July 2020 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.2% inflationary increase is applied to the most recent sale price for 7 MIDHOLM of £315,000 on 24th July 2020. For the value to have increased from £315,000 to £394,497 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 7 MIDHOLM has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MIDHOLM has not materially changed since July 2020.

How Large is 7 MIDHOLM?

7 MIDHOLM is 123m² according to the EPC inspection conducted in March 2013. This puts it in the largest 30% of detached houses houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cherry Willingham, and where 7 MIDHOLM lies on this distribution: 77% of detached houses houses are smaller than 7 MIDHOLM, and 23% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

7 MIDHOLM: Plot and Title Map

7 MIDHOLM sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 7 MIDHOLM, 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 MIDHOLM). 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 MIDHOLM?

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