14, VICARAGE LANE, WELTON, LINCOLN, LN2 3JG - £210,000

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 VICARAGE LANE is a small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £210,000 in October 2016, which was around 2% above the average October 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

14 VICARAGE LANE Sold Prices

Land registry data shows two sales for 14 VICARAGE LANE 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 14 VICARAGE LANE sales was for above the average price, whilst the other was 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
2016 7 OCT	£210,000	£205,241	2% above HPI
2003 23 DEC	£142,000	£150,273	6% below HPI

14 VICARAGE LANE 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 VICARAGE LANE sales from December 2003 and October 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 December 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2016 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 14 VICARAGE LANE?

14 VICARAGE LANE is 98m², which includes three extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% 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 VICARAGE LANE lies on this distribution: 30% of detached houses are smaller than 14 VICARAGE LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Welton.

14 VICARAGE LANE: Plot and Title Map

14 VICARAGE LANE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 14 VICARAGE LANE, 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 VICARAGE LANE). 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 VICARAGE LANE?

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