12, HAZEL GROVE, WELTON, LINCOLN, LN2 3JZ - £218,000

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

12 HAZEL GROVE is a very small extended detached house of 73m², built sometime between 1967 and 1975. It was last sold for £218,000 in February 2021, which was around 12% below the average February 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

12 HAZEL GROVE Sold Prices

Land registry data shows two sales for 12 HAZEL GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 12 HAZEL GROVE 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
2021 12 FEB	£218,000	£247,515	12% below HPI
2016 15 APR	£146,000	£192,407	24% below HPI

12 HAZEL GROVE 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 two 12 HAZEL GROVE sales from April 2016 and February 2021 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 April 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 12 HAZEL GROVE?

12 HAZEL GROVE is 73m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 12 HAZEL GROVE lies on this distribution: 9% of detached houses are smaller than 12 HAZEL GROVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Welton.

12 HAZEL GROVE: Plot and Title Map

12 HAZEL GROVE sits on a plot of roughly 0.074 of an acre, or 297m². The below map shows the location of 12 HAZEL GROVE, 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 12 HAZEL GROVE). 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 12 HAZEL GROVE?

12 HAZEL GROVE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 12 on HAZEL GROVE.