23, LINCOLN ROAD, WELTON, LINCOLN, LN2 3HZ - £400,000

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.

23 LINCOLN ROAD is a very large extended detached house of 186m², built sometime between 1967 and 1975, which could now be worth an estimated £521,119. It was last sold for £400,000 in December 2017, which was around 79% above the average December 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

23 LINCOLN ROAD Sold Prices

Land registry data shows three sales for 23 LINCOLN ROAD 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 23 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
2017 13 DEC	£400,000	£223,453	79% above HPI
2012 23 APR	£288,000	£176,166	63% above HPI
1995 1 MAY	£74,000	£61,493	20% above HPI

23 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 three 23 LINCOLN ROAD sales between May 1995 and December 2017 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 April 2012 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the December 2017 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 23 LINCOLN ROAD be worth now?

23 LINCOLN ROAD might now be worth an estimated £521,119.

This is based on house price inflation of 30.3%, between December 2017 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 30.3% inflationary increase is applied to the most recent sale price for 23 LINCOLN ROAD of £400,000 on 13th December 2017. For the value to have increased from £400,000 to £521,119 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 LINCOLN ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2017 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LINCOLN ROAD has not materially changed since December 2017.

How Large is 23 LINCOLN ROAD?

23 LINCOLN ROAD is 186m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 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 23 LINCOLN ROAD lies on this distribution: 93% of detached houses houses are smaller than 23 LINCOLN ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Welton.

23 LINCOLN ROAD: Plot and Title Map

23 LINCOLN ROAD sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 23 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 23 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 23 LINCOLN ROAD?

23 LINCOLN ROAD is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 23 on LINCOLN ROAD.