1, GREENWAY, WELTON, LINCOLN, LN2 3LE - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GREENWAY is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £210,000 in December 2018, which was around 4% below the average December 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

1 GREENWAY Sold Prices

Land registry data shows three sales for 1 GREENWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 1 GREENWAY 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
2018 17 DEC	£210,000	£219,536	4% below HPI
2009 30 DEC	£170,000	£177,240	4% below HPI
2007 3 MAY	£150,000	£184,311	19% below HPI

1 GREENWAY 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 three 1 GREENWAY sales between May 2007 and December 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 December 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2018 sale, which was also at 4% below the HPI.

How Large is 1 GREENWAY?

1 GREENWAY is 99m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 1 GREENWAY lies on this distribution: 31% of detached houses are smaller than 1 GREENWAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Welton.

1 GREENWAY: Plot and Title Map

1 GREENWAY sits on a plot of roughly 0.114 of an acre, or 459m². The below map shows the location of 1 GREENWAY, 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 1 GREENWAY). 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 1 GREENWAY?

1 GREENWAY is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 1 on GREENWAY.