22, LINCOLN ROAD, WELTON, LINCOLN, LN2 3JA - £326,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 LINCOLN ROAD is a midsized detached house of 120m², built sometime between 1950 and 1966. It was last sold for £326,000 in June 2021, which was around 26% above the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

22 LINCOLN ROAD Sold Prices

Land registry data shows two sales for 22 LINCOLN ROAD 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 22 LINCOLN ROAD 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
2021 29 JUN	£326,000	£258,781	26% above HPI
2019 18 DEC	£280,000	£224,429	25% above HPI

22 LINCOLN ROAD 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 22 LINCOLN ROAD sales from December 2019 and June 2021 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 2019 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 22 LINCOLN ROAD?

22 LINCOLN ROAD is 120m² according to the EPC inspection conducted in February 2019. 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 22 LINCOLN ROAD lies on this distribution: 54% of detached houses are smaller than 22 LINCOLN ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Welton.

22 LINCOLN ROAD: Plot and Title Map

22 LINCOLN ROAD sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 22 LINCOLN ROAD, 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 22 LINCOLN ROAD). 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 22 LINCOLN ROAD?

22 LINCOLN ROAD is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 22 on LINCOLN ROAD.