87, MINSTER DRIVE, CHERRY WILLINGHAM, LINCOLN, LN3 4LH - £215,000

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

87 MINSTER DRIVE is a small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £215,000 in April 2022, which was around 21% below the average April 2022 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.

87 MINSTER DRIVE Sold Prices

Land registry data shows four sales for 87 MINSTER DRIVE 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 87 MINSTER DRIVE 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
2022 26 APR	£215,000	£271,455	21% below HPI
2014 18 SEP	£154,000	£185,261	17% below HPI
2004 12 MAR	£120,000	£152,532	21% below HPI
2002 26 APR	£75,000	£98,178	24% below HPI

87 MINSTER 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 four 87 MINSTER DRIVE sales between April 2002 and April 2022 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 September 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 87 MINSTER DRIVE?

87 MINSTER DRIVE is 79m², which includes one extension, 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 87 MINSTER DRIVE lies on this distribution: 29% of detached houses are smaller than 87 MINSTER DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

87 MINSTER DRIVE: Plot and Title Map

87 MINSTER DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 87 MINSTER 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 87 MINSTER 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 87 MINSTER DRIVE?

87 MINSTER DRIVE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 87 on MINSTER DRIVE.