12, MEADOW WAY, WELTON, LINCOLN, LN2 3QH - £194,950

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 MEADOW WAY is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £194,950 in July 2016, which was around 2% below the average July 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

12 MEADOW WAY Sold Prices

Land registry data shows two sales for 12 MEADOW WAY 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. One of the two 12 MEADOW WAY sales was for below the average price, whilst the other was 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
2016 11 JUL	£194,950	£199,017	2% below HPI
1999 14 OCT	£73,900	£72,180	2% above HPI

12 MEADOW WAY 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 MEADOW WAY sales from October 1999 and July 2016 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 October 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 12 MEADOW WAY?

12 MEADOW WAY is 80m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% 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 MEADOW WAY lies on this distribution: 13% of detached houses are smaller than 12 MEADOW WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Welton.

12 MEADOW WAY: Plot and Title Map

12 MEADOW WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 12 MEADOW WAY, 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 MEADOW WAY). 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 MEADOW WAY?

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