11, THE PASTURES, WELTON, LINCOLN, LN2 3FD - £285,000

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.

11 THE PASTURES is a large extended detached house of 138m², built sometime between 1996 and 2002, which could now be worth an estimated £370,809. It was last sold for £285,000 in May 2018, which was around 27% above the average May 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

11 THE PASTURES Sold Prices

Land registry data shows three sales for 11 THE PASTURES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 11 THE PASTURES sales were for above the average price, whilst one was 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 17 MAY	£285,000	£223,747	27% above HPI
2004 4 MAR	£182,000	£154,752	18% above HPI
2002 1 AUG	£31,950	£111,204	71% below HPI

11 THE PASTURES 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 three 11 THE PASTURES sales between August 2002 and May 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 March 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2018 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 11 THE PASTURES be worth now?

11 THE PASTURES might now be worth an estimated £370,809.

This is based on house price inflation of 30.1%, between May 2018 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 30.1% inflationary increase is applied to the most recent sale price for 11 THE PASTURES of £285,000 on 17th May 2018. For the value to have increased from £285,000 to £370,809 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 11 THE PASTURES has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 11 THE PASTURES has not materially changed since May 2018.

How Large is 11 THE PASTURES?

11 THE PASTURES is 138m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% 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 11 THE PASTURES lies on this distribution: 71% of detached houses houses are smaller than 11 THE PASTURES, and 29% of houses are larger. Note that EPC data is not available for all properties in Welton.

11 THE PASTURES: Plot and Title Map

11 THE PASTURES sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 11 THE PASTURES, 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 11 THE PASTURES). 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 11 THE PASTURES?

11 THE PASTURES is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 11 on THE PASTURES.