2, DYCOTE LANE, WELBOURN, LINCOLN, LN5 0NL - £258,000

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.

2 DYCOTE LANE is a very small extended detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £337,780. It was last sold for £258,000 in September 2017, which was around 12% above the average September 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

2 DYCOTE LANE Sold Prices

Land registry data shows two sales for 2 DYCOTE 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 North Kesteven local authority area for the corresponding sale date. One of the two 2 DYCOTE LANE sales was for above the average price, whilst the other was roughly equal to 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 22 SEP	£258,000	£231,243	12% above HPI
2005 20 DEC	£178,000	£178,708	Close to HPI

2 DYCOTE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 2 DYCOTE LANE sales from December 2005 and September 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 December 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2017 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 2 DYCOTE LANE be worth now?

2 DYCOTE LANE might now be worth an estimated £337,780.

This is based on house price inflation of 30.9%, between September 2017 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.9% inflationary increase is applied to the most recent sale price for 2 DYCOTE LANE of £258,000 on 22nd September 2017. For the value to have increased from £258,000 to £337,780 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 DYCOTE LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2017 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DYCOTE LANE has not materially changed since September 2017.

How Large is 2 DYCOTE LANE?

2 DYCOTE LANE is 85m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses houses in Welbourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welbourn, and where 2 DYCOTE LANE lies on this distribution: 5% of detached houses houses are smaller than 2 DYCOTE LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Welbourn.

2 DYCOTE LANE: Plot and Title Map

2 DYCOTE LANE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 2 DYCOTE 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 2 DYCOTE 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 2 DYCOTE LANE?

2 DYCOTE LANE is located in WELBOURN, in the LN5 postcode district. The below map shows the position of No. 2 on DYCOTE LANE.