13, HEATH CLOSE, WELTON, LINCOLN, LN2 3JY - £143,500

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

13 HEATH CLOSE is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £143,500 in July 2010, which was around 24% below the average July 2010 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

13 HEATH CLOSE Sold Prices

Land registry data shows three sales for 13 HEATH CLOSE 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. All of the three 13 HEATH CLOSE 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
2010 15 JUL	£143,500	£188,331	24% below HPI
1996 24 OCT	£50,000	£62,799	20% below HPI
1996 29 MAY	£56,000	£61,902	10% below HPI

13 HEATH 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 three 13 HEATH CLOSE sales between May 1996 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 October 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2010 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 13 HEATH CLOSE?

13 HEATH CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 13 HEATH CLOSE lies on this distribution: 14% of detached houses are smaller than 13 HEATH CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Welton.

13 HEATH CLOSE: Plot and Title Map

13 HEATH CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 13 HEATH 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 13 HEATH 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 13 HEATH CLOSE?

13 HEATH CLOSE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 13 on HEATH CLOSE.