2, THE HARDINGS, WELTON, LINCOLN, LN2 3FE - £272,000

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 THE HARDINGS is a large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £272,000 in May 2013, which was around 54% above the average May 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

2 THE HARDINGS Sold Prices

Land registry data shows two sales for 2 THE HARDINGS 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 2 THE HARDINGS 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
2013 23 MAY	£272,000	£176,784	54% above HPI
2000 9 NOV	£128,500	£81,091	58% above HPI

2 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 two 2 THE HARDINGS sales from November 2000 and May 2013 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 November 2000 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the May 2013 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 2 THE HARDINGS?

2 THE HARDINGS is 135m² according to the EPC inspection conducted in September 2012. This puts it in the largest 40% 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 THE HARDINGS lies on this distribution: 70% of detached houses are smaller than 2 THE HARDINGS, and 30% of houses are larger. Note that EPC data is not available for all properties in Welton.

2 THE HARDINGS: Plot and Title Map

2 THE HARDINGS sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 2 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 2 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 2 THE HARDINGS?

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