14, FIELD CLOSE, WELTON, LINCOLN, LN2 3TT - £86,750

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

14 FIELD CLOSE is a very large extended detached house of 177m², built sometime between 1996 and 2002. It was last sold for £86,750 in December 1999, which was around 19% above the average December 1999 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

14 FIELD CLOSE Sold Prices

Land registry data shows two sales for 14 FIELD CLOSE 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 14 FIELD CLOSE sales were 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
1999 10 DEC	£86,750	£72,932	19% above HPI
1997 19 DEC	£84,500	£67,151	26% above HPI

14 FIELD 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 two 14 FIELD CLOSE sales from December 1997 and December 1999 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 December 1997 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 1999 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 14 FIELD CLOSE?

14 FIELD CLOSE is 177m², which includes four extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 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 14 FIELD CLOSE lies on this distribution: 92% of detached houses are smaller than 14 FIELD CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Welton.

14 FIELD CLOSE: Plot and Title Map

14 FIELD CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 14 FIELD 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 14 FIELD 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 14 FIELD CLOSE?

14 FIELD CLOSE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 14 on FIELD CLOSE.