Cherry Tree Cottage Old Fen Lane

    CHERRY TREE COTTAGE, OLD FEN LANE, SCRUB HILL, LINCOLN, LN4 4XE

    This detached freehold property on Old Fen Lane last sold in June 2016 for £245,000. Based on price growth in the LN4 district since then, its estimated current value is £333,234 — placing it in the 56th percentile nationally and the 78th percentile within LN4. The property covers 124 m² (1,335 sq ft), giving an estimated value of £2,687 per m². The EPC rating is E, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £245,000

    Jun 2016

    Estimated Valuation

    £333,234

    Est. £/sq ft

    £250/sq ft

    £2,687/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fueloil (not community)
    EPC currentE
    EPC potentialA
    Floor area1,335 sq ft (124 m²)
    EPC dateDec 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    17 Jun 2016

    £245,000

    Key Metrics

    Estimated valuation£333,234
    Value per sq ft / m²£250/sq ft (£2,687/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN4 district percentile78th percentile
    National percentile56th percentile

    District Context — LN4

    LN4 covers rural areas and market towns in central Lincolnshire, including Horncastle and surrounding villages. It is a predominantly rural district with a quiet, established character that appeals to families and those seeking countryside living.

    Average Property Price - LN4

    £262,663

    31

    National percentile

    Average Net Household Income - LN4

    £38,954

    54

    National percentile

    10-Year Annualised Price Growth - LN4

    3.4%

    44

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN4

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