16, THE HARDINGS, WELTON, LINCOLN, LN2 3FE - £272,500

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.

16 THE HARDINGS is a small extended detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £303,693. It was last sold for £272,500 in July 2021, which was around 4% above the average July 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

16 THE HARDINGS Sold Prices

Land registry data shows five sales for 16 THE HARDINGS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the five 16 THE HARDINGS sales were 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
2021 12 JUL	£272,500	£261,213	4% above HPI
2012 20 JUL	£186,500	£177,357	5% above HPI
2007 30 NOV	£170,000	£208,603	19% below HPI
2005 9 DEC	£168,000	£177,042	5% below HPI
2000 24 MAR	£71,500	£74,599	4% below HPI

16 THE HARDINGS 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 five 16 THE HARDINGS sales between March 2000 and July 2021 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 2012 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 16 THE HARDINGS be worth now?

16 THE HARDINGS might now be worth an estimated £303,693.

This is based on house price inflation of 11.4%, between July 2021 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 11.4% inflationary increase is applied to the most recent sale price for 16 THE HARDINGS of £272,500 on 12th July 2021. For the value to have increased from £272,500 to £303,693 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 16 THE HARDINGS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2021 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 16 THE HARDINGS has not materially changed since July 2021.

How Large is 16 THE HARDINGS?

16 THE HARDINGS is 87m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% 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 16 THE HARDINGS lies on this distribution: 21% of detached houses houses are smaller than 16 THE HARDINGS, and 79% of houses are larger. Note that EPC data is not available for all properties in Welton.

16 THE HARDINGS: Plot and Title Map

16 THE HARDINGS sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 16 THE HARDINGS, 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 16 THE HARDINGS). 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 16 THE HARDINGS?

16 THE HARDINGS is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 16 on THE HARDINGS.