1, LANCASTER COURT, WELTON, LINCOLN, LN2 3SY - £237,500

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.

1 LANCASTER COURT is a very large detached house of 168m², built sometime between 1996 and 2002, which could now be worth an estimated £376,536. It was last sold for £237,500 in July 2005, which was around 29% above the average July 2005 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

1 LANCASTER COURT Sold Prices

Land registry data shows two sales for 1 LANCASTER COURT 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 1 LANCASTER COURT 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
2005 15 JUL	£237,500	£183,620	29% above HPI
2000 7 APR	£109,450	£74,812	46% above HPI

1 LANCASTER COURT 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 1 LANCASTER COURT sales from April 2000 and July 2005 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 2000 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the July 2005 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 1 LANCASTER COURT be worth now?

1 LANCASTER COURT might now be worth an estimated £376,536.

This is based on house price inflation of 58.5%, between July 2005 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.5% inflationary increase is applied to the most recent sale price for 1 LANCASTER COURT of £237,500 on 15th July 2005. For the value to have increased from £237,500 to £376,536 over the twenty years and five months to February 2025, the following assumptions must hold true:

• The value of 1 LANCASTER COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2005 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 1 LANCASTER COURT has not materially changed since July 2005.

How Large is 1 LANCASTER COURT?

1 LANCASTER COURT is 168m² according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses houses in Welton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welton, and where 1 LANCASTER COURT lies on this distribution: 89% of detached houses houses are smaller than 1 LANCASTER COURT, and 11% of houses are larger. Note that EPC data is not available for all properties in Welton.

1 LANCASTER COURT: Plot and Title Map

1 LANCASTER COURT sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 1 LANCASTER COURT, 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 LANCASTER COURT). 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 LANCASTER COURT?

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