12, WEST END, WALCOTT, LINCOLN, LN4 3ST - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 WEST END is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £215,000 in March 2021, which was around 21% below the average March 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was A.

12 WEST END Sold Prices

Land registry data shows two sales for 12 WEST END 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 12 WEST END 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 30 MAR	£215,000	£272,889	21% below HPI
2016 27 MAY	£148,000	£217,497	32% below HPI

12 WEST END 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 12 WEST END sales from May 2016 and March 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 May 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 WEST END?

12 WEST END is 85m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where 12 WEST END lies on this distribution: 18% of detached houses are smaller than 12 WEST END, and 82% of houses are larger. Note that EPC data is not available for all properties in Walcott.

12 WEST END: Plot and Title Map

12 WEST END sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of 12 WEST END, 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 WEST END). 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 WEST END?

12 WEST END is located in WALCOTT, in the LN4 postcode district. The below map shows the position of No. 12 on WEST END.