7, THORNTON WAY, CHERRY WILLINGHAM, LINCOLN, LN3 4BT - £164,000

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 THORNTON WAY is a small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £164,000 in December 2013, which was around 12% below the average December 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

7 THORNTON WAY Sold Prices

Land registry data shows two sales for 7 THORNTON WAY 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. Both of the two 7 THORNTON WAY 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
2013 3 DEC	£164,000	£185,614	12% below HPI
2002 14 JUN	£84,500	£99,295	15% below HPI

7 THORNTON WAY 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 7 THORNTON WAY sales from June 2002 and December 2013 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 June 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7 THORNTON WAY?

7 THORNTON WAY is 72m² according to the EPC inspection conducted in September 2013. 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 7 THORNTON WAY lies on this distribution: 22% of detached houses are smaller than 7 THORNTON WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

7 THORNTON WAY: Plot and Title Map

7 THORNTON WAY sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 7 THORNTON WAY, 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 THORNTON WAY). 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 THORNTON WAY?

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