2, CHAPTER CLOSE, WELTON, LINCOLN, LN2 3FS - £375,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 CHAPTER CLOSE is a very large detached house of 161m², built sometime between 1996 and 2002. It was last sold for £375,000 in November 2017, which was around 74% above the average November 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

2 CHAPTER CLOSE Sold Prices

Land registry data shows four sales for 2 CHAPTER CLOSE 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. All of the four 2 CHAPTER CLOSE 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
2017 16 NOV	£375,000	£215,405	74% above HPI
2005 21 APR	£242,500	£166,855	45% above HPI
2003 1 AUG	£222,500	£142,657	56% above HPI
2001 26 JAN	£144,950	£79,477	82% above HPI

2 CHAPTER CLOSE 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 2 CHAPTER CLOSE sales between January 2001 and November 2017 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 April 2005 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the November 2017 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is 2 CHAPTER CLOSE?

2 CHAPTER CLOSE is 161m² according to the EPC inspection conducted in February 2015. 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 2 CHAPTER CLOSE lies on this distribution: 86% of detached houses are smaller than 2 CHAPTER CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Welton.

2 CHAPTER CLOSE: Plot and Title Map

2 CHAPTER CLOSE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 2 CHAPTER CLOSE, 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 2 CHAPTER CLOSE). 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 2 CHAPTER CLOSE?

2 CHAPTER CLOSE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 2 on CHAPTER CLOSE.