2, POACHERS REST, WELTON, LINCOLN, LN2 3TR - £230,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 POACHERS REST is a midsized extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £230,000 in June 2015, which was around 22% above the average June 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

2 POACHERS REST Sold Prices

Land registry data shows three sales for 2 POACHERS REST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 2 POACHERS REST 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
2015 29 JUN	£230,000	£188,193	22% above HPI
2004 27 AUG	£215,000	£177,543	21% above HPI
1997 19 DEC	£96,250	£67,151	43% above HPI

2 POACHERS REST 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 three 2 POACHERS REST sales between December 1997 and June 2015 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 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 2 POACHERS REST?

2 POACHERS REST is 120m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% 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 POACHERS REST lies on this distribution: 54% of detached houses are smaller than 2 POACHERS REST, and 44% of houses are larger. Note that EPC data is not available for all properties in Welton.

2 POACHERS REST: Plot and Title Map

2 POACHERS REST sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 2 POACHERS REST, 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 POACHERS REST). 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 POACHERS REST?

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