10, POND CLOSE, WELTON, LINCOLN, LN2 3UE - £295,000

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.

10 POND CLOSE is a very large detached house of 152m², built sometime between 1996 and 2002, which could now be worth an estimated £449,457. It was last sold for £295,000 in July 2010, which was around 54% above the average July 2010 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

10 POND CLOSE Sold Prices

Land registry data shows four sales for 10 POND CLOSE 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. All of the four 10 POND CLOSE 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
2010 9 JUL	£295,000	£191,072	54% above HPI
2004 29 JAN	£244,000	£153,541	59% above HPI
1999 9 JUL	£121,000	£70,290	72% above HPI
1997 30 OCT	£112,000	£70,632	59% above HPI

10 POND CLOSE 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 10 POND CLOSE sales between October 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 January 2004 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the July 2010 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 10 POND CLOSE be worth now?

10 POND CLOSE might now be worth an estimated £449,457.

This is based on house price inflation of 52.4%, between July 2010 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 52.4% inflationary increase is applied to the most recent sale price for 10 POND CLOSE of £295,000 on 9th July 2010. For the value to have increased from £295,000 to £449,457 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 10 POND CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2010 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 10 POND CLOSE has not materially changed since July 2010.

How Large is 10 POND CLOSE?

10 POND CLOSE is 152m² according to the EPC inspection conducted in December 2009. 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 10 POND CLOSE lies on this distribution: 82% of detached houses houses are smaller than 10 POND CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Welton.

10 POND CLOSE: Plot and Title Map

10 POND CLOSE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 10 POND CLOSE, 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 10 POND CLOSE). 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 10 POND CLOSE?

10 POND CLOSE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 10 on POND CLOSE.