15, THE PASTURES, WELTON, LINCOLN, LN2 3FD - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 THE PASTURES is a midsized extended detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £361,619. It was last sold for £170,000 in May 2003, which was around 24% above the average May 2003 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

15 THE PASTURES Sold Prices

Land registry data shows two sales for 15 THE PASTURES 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 15 THE PASTURES 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
2003 30 MAY	£170,000	£136,855	24% above HPI
2001 1 AUG	£117,500	£84,604	39% above HPI

15 THE PASTURES 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 15 THE PASTURES sales from August 2001 and May 2003 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 August 2001 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2003 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 15 THE PASTURES be worth now?

15 THE PASTURES might now be worth an estimated £361,619.

This is based on house price inflation of 112.7%, between May 2003 and February 2025, 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 112.7% inflationary increase is applied to the most recent sale price for 15 THE PASTURES of £170,000 on 30th May 2003. For the value to have increased from £170,000 to £361,619 over the 22 years and three months to February 2025, the following assumptions must hold true:

• The value of 15 THE PASTURES has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2003 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE PASTURES has not materially changed since May 2003.

How Large is 15 THE PASTURES?

15 THE PASTURES is 113m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 THE PASTURES lies on this distribution: 48% of detached houses houses are smaller than 15 THE PASTURES, and 52% of houses are larger. Note that EPC data is not available for all properties in Welton.

15 THE PASTURES: Plot and Title Map

15 THE PASTURES sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 15 THE PASTURES, 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 THE PASTURES). 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 THE PASTURES?

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