20, GOREHALL DRIVE, WELTON, LINCOLN, LN2 3BP - £133,000

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.

20 GOREHALL DRIVE is a very small detached house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £204,838. It was last sold for £133,000 in February 2015, which was around 30% below the average February 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

20 GOREHALL DRIVE Sold Prices

Land registry data shows three sales for 20 GOREHALL DRIVE 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 20 GOREHALL DRIVE 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
2015 20 FEB	£133,000	£189,018	30% below HPI
2000 21 AUG	£59,950	£75,134	20% below HPI
1998 31 MAR	£50,500	£68,142	26% below HPI

20 GOREHALL DRIVE 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 20 GOREHALL DRIVE sales between March 1998 and February 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 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 20 GOREHALL DRIVE be worth now?

20 GOREHALL DRIVE might now be worth an estimated £204,838.

This is based on house price inflation of 54%, between February 2015 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 54% inflationary increase is applied to the most recent sale price for 20 GOREHALL DRIVE of £133,000 on 20th February 2015. For the value to have increased from £133,000 to £204,838 over the ten years to February 2025, the following assumptions must hold true:

• The value of 20 GOREHALL DRIVE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2015 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 20 GOREHALL DRIVE has not materially changed since February 2015.

How Large is 20 GOREHALL DRIVE?

20 GOREHALL DRIVE is 56m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% 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 20 GOREHALL DRIVE lies on this distribution: 1% of detached houses houses are smaller than 20 GOREHALL DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Welton.

20 GOREHALL DRIVE: Plot and Title Map

20 GOREHALL DRIVE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 20 GOREHALL DRIVE, 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 20 GOREHALL DRIVE). 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 20 GOREHALL DRIVE?

20 GOREHALL DRIVE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 20 on GOREHALL DRIVE.