14, KINGS WAY, WELTON, LINCOLN, LN2 3FQ - £240,000

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

14 KINGS WAY is a very large extended detached house of 149m², built sometime between 1996 and 2002. It was last sold for £240,000 in April 2009, which was around 41% above the average April 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

14 KINGS WAY Sold Prices

Land registry data shows three sales for 14 KINGS WAY 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 14 KINGS WAY 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
2009 3 APR	£240,000	£169,871	41% above HPI
2004 26 NOV	£249,950	£171,956	45% above HPI
2000 12 OCT	£135,000	£80,222	68% above HPI

14 KINGS 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 three 14 KINGS WAY sales between October 2000 and April 2009 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 November 2004 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2009 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 14 KINGS WAY?

14 KINGS WAY is 149m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 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 14 KINGS WAY lies on this distribution: 80% of detached houses are smaller than 14 KINGS WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Welton.

14 KINGS WAY: Plot and Title Map

14 KINGS WAY sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 14 KINGS 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 14 KINGS 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 14 KINGS WAY?

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