1, OLD MULBERRY COURT, WELBOURN, LINCOLN, LN5 0TB - £365,000

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 OLD MULBERRY COURT is a large extended detached house of 170m², built sometime between 1991 and 1995. It was last sold for £365,000 in January 2015, which was around 81% above the average January 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

1 OLD MULBERRY COURT Sold Prices

Land registry data shows two sales for 1 OLD MULBERRY 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 North Kesteven local authority area for the corresponding sale date. Both of the two 1 OLD MULBERRY 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
2015 30 JAN	£365,000	£201,442	81% above HPI
1996 7 MAR	£165,000	£57,713	186% above HPI

1 OLD MULBERRY COURT 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 OLD MULBERRY COURT sales from March 1996 and January 2015 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 March 1996 sale was for 186% above the HPI. So the extrapolation line tracks at 186% above the HPI over time, until the January 2015 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 1 OLD MULBERRY COURT?

1 OLD MULBERRY COURT is 170m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses in Welbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Welbourn, and where 1 OLD MULBERRY COURT lies on this distribution: 70% of detached houses are smaller than 1 OLD MULBERRY COURT, and 30% of houses are larger. Note that EPC data is not available for all properties in Welbourn.

1 OLD MULBERRY COURT: Plot and Title Map

1 OLD MULBERRY COURT sits on a plot of roughly 0.207 of an acre, or 836m². The below map shows the location of 1 OLD MULBERRY 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 OLD MULBERRY 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 OLD MULBERRY COURT?

1 OLD MULBERRY COURT is located in WELBOURN, in the LN5 postcode district. The below map shows the position of No. 1 on OLD MULBERRY COURT.