23, MEADOW WAY, WELTON, LINCOLN, LN2 3QH - £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

23 MEADOW WAY is a small detached house of 91m². It was last sold for £220,000 in February 2019, which was around 1% below the average February 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

23 MEADOW WAY Sold Prices

Land registry data shows three sales for 23 MEADOW WAY 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. Two of the three 23 MEADOW WAY sales were for below the average price, whilst one was 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 28 FEB	£220,000	£221,723	1% below HPI
2009 20 NOV	£152,500	£174,781	13% below HPI
2000 20 APR	£84,500	£73,739	15% above HPI

23 MEADOW WAY 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 MEADOW WAY sales between April 2000 and February 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 November 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 23 MEADOW WAY?

23 MEADOW WAY is 91m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 23 MEADOW WAY lies on this distribution: 24% of detached houses are smaller than 23 MEADOW WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Welton.

23 MEADOW WAY: Plot and Title Map

23 MEADOW WAY sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 23 MEADOW WAY, 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 MEADOW WAY). 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 MEADOW WAY?

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