CHERRY TREE HOUSE, MOOR LANE, POTTERHANWORTH, LINCOLN, LN4 2DZ - £475,000

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.

CHERRY TREE HOUSE is a very large extended detached house of 220m², built sometime between 1996 and 2002, which could now be worth an estimated £579,876. It was last sold for £475,000 in October 2018, which was around 88% above the average October 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

CHERRY TREE HOUSE Sold Prices

Land registry data shows two sales for CHERRY TREE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two CHERRY TREE HOUSE 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
2018 23 OCT	£475,000	£252,161	88% above HPI
2004 6 APR	£292,500	£158,106	85% above HPI

CHERRY TREE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two CHERRY TREE HOUSE sales from April 2004 and October 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 2004 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the October 2018 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might CHERRY TREE HOUSE be worth now?

CHERRY TREE HOUSE might now be worth an estimated £579,876.

This is based on house price inflation of 22.1%, between October 2018 and March 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.1% inflationary increase is applied to the most recent sale price for CHERRY TREE HOUSE of £475,000 on 23rd October 2018. For the value to have increased from £475,000 to £579,876 over the seven years and seven months to March 2025, the following assumptions must hold true:

• The value of CHERRY TREE HOUSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2018 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREE HOUSE has not materially changed since October 2018.

How Large is CHERRY TREE HOUSE?

CHERRY TREE HOUSE is 220m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses houses in Potterhanworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Potterhanworth, and where CHERRY TREE HOUSE lies on this distribution: 92% of detached houses houses are smaller than CHERRY TREE HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Potterhanworth.

CHERRY TREE HOUSE: Plot and Title Map

CHERRY TREE HOUSE sits on a plot of roughly 0.206 of an acre, or 833m². The below map shows the location of CHERRY TREE HOUSE, 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 CHERRY TREE HOUSE). 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 CHERRY TREE HOUSE?

CHERRY TREE HOUSE is located on MOOR LANE in POTTERHANWORTH, in the LN4 postcode district. The below map shows the position of CHERRY TREE HOUSE on MOOR LANE.