1, LARK DRIVE, WELLINGORE, LINCOLN, LN5 0DS - £230,000

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.

1 LARK DRIVE is a midsized detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £291,801. It was last sold for £230,000 in January 2018, which was around 4% below the average January 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

1 LARK DRIVE Sold Prices

Land registry data shows two sales for 1 LARK DRIVE 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 1 LARK 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
2018 15 JAN	£230,000	£238,629	4% below HPI
2006 13 OCT	£135,000	£187,571	28% below HPI

1 LARK DRIVE 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 1 LARK DRIVE sales from October 2006 and January 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 October 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 LARK DRIVE be worth now?

1 LARK DRIVE might now be worth an estimated £291,801.

This is based on house price inflation of 26.9%, between January 2018 and February 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 26.9% inflationary increase is applied to the most recent sale price for 1 LARK DRIVE of £230,000 on 15th January 2018. For the value to have increased from £230,000 to £291,801 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 LARK DRIVE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The January 2018 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LARK DRIVE has not materially changed since January 2018.

How Large is 1 LARK DRIVE?

1 LARK DRIVE is 108m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses houses in Wellingore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellingore, and where 1 LARK DRIVE lies on this distribution: 42% of detached houses houses are smaller than 1 LARK DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Wellingore.

1 LARK DRIVE: Plot and Title Map

1 LARK DRIVE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 1 LARK 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 1 LARK 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 1 LARK DRIVE?

1 LARK DRIVE is located in WELLINGORE, in the LN5 postcode district. The below map shows the position of No. 1 on LARK DRIVE.