22, SPRING COURT, WELTON, LINCOLN, LN2 3TF - £220,000

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 SPRING COURT is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £220,000 in August 2019, which was around 1% below the average August 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

22 SPRING COURT Sold Prices

Land registry data shows three sales for 22 SPRING COURT 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. One of the three 22 SPRING COURT sales was for below the average price, whilst two 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
2019 30 AUG	£220,000	£221,167	1% below HPI
2019 23 AUG	£235,000	£221,167	6% above HPI
2015 12 MAR	£213,000	£188,056	13% above HPI

22 SPRING COURT 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 22 SPRING COURT sales between March 2015 and August 2019 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 2019 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2019 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 22 SPRING COURT?

22 SPRING COURT is 111m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 SPRING COURT lies on this distribution: 47% of detached houses are smaller than 22 SPRING COURT, and 53% of houses are larger. Note that EPC data is not available for all properties in Welton.

22 SPRING COURT: Plot and Title Map

22 SPRING COURT sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 22 SPRING COURT, 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 SPRING COURT). 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 SPRING COURT?

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