15, MEADOW WAY, WELTON, LINCOLN, LN2 3QH - £345,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MEADOW WAY is a midsized extended detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £353,916. It was last sold for £345,000 in February 2022, which was around 24% above the average February 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

15 MEADOW WAY Sold Prices

Land registry data shows four sales for 15 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four 15 MEADOW 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
2022 24 FEB	£345,000	£277,741	24% above HPI
2015 9 JUL	£230,000	£195,242	18% above HPI
2005 17 OCT	£175,000	£176,867	1% below HPI
1999 12 NOV	£93,995	£74,391	26% above HPI

15 MEADOW 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 four 15 MEADOW WAY sales between November 1999 and February 2022 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 July 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 15 MEADOW WAY be worth now?

15 MEADOW WAY might now be worth an estimated £353,916.

This is based on house price inflation of 2.6%, between February 2022 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for 15 MEADOW WAY of £345,000 on 24th February 2022. For the value to have increased from £345,000 to £353,916 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 15 MEADOW WAY has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2022 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MEADOW WAY has not materially changed since February 2022.

How Large is 15 MEADOW WAY?

15 MEADOW WAY is 113m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of detached houses houses in Welton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welton, and where 15 MEADOW WAY lies on this distribution: 48% of detached houses houses are smaller than 15 MEADOW WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Welton.

15 MEADOW WAY: Plot and Title Map

15 MEADOW WAY sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 15 MEADOW 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 15 MEADOW 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 15 MEADOW WAY?

15 MEADOW WAY is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 15 on MEADOW WAY.