1, LINCOLN ROAD, WELTON, LINCOLN, LN2 3LS - £176,000

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 LINCOLN ROAD is a small extended semi-detached house of 104m², built sometime before 1900. It was last sold for £176,000 in July 2010, which was around 7% below the average July 2010 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was C.

1 LINCOLN ROAD Sold Prices

Land registry data shows four sales for 1 LINCOLN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four 1 LINCOLN ROAD 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
2010 28 JUL	£176,000	£188,331	7% below HPI
2006 15 DEC	£175,000	£188,712	7% below HPI
2002 1 AUG	£135,250	£109,608	23% above HPI
1997 21 FEB	£52,000	£64,228	19% below HPI

1 LINCOLN ROAD 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 four 1 LINCOLN ROAD sales between February 1997 and July 2010 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 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2010 sale, which was also at 7% below the HPI.

How Large is 1 LINCOLN ROAD?

1 LINCOLN ROAD is 104m², which includes three extensions, according to the EPC inspection conducted in February 2022. 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 LINCOLN ROAD lies on this distribution: 37% of detached houses are smaller than 1 LINCOLN ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Welton.

1 LINCOLN ROAD: Plot and Title Map

1 LINCOLN ROAD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 1 LINCOLN ROAD, 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 LINCOLN ROAD). 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 LINCOLN ROAD?

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