23, MEADOW WAY, WELTON, LINCOLN, LN2 3QH - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 MEADOW WAY is a small detached house of 91m², which could now be worth an estimated £278,648. It was last sold for £220,000 in February 2019, which was around 2% 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	£224,951	2% below HPI
2009 20 NOV	£152,500	£177,325	14% below HPI
2000 20 APR	£84,500	£74,812	13% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 23 MEADOW WAY be worth now?

23 MEADOW WAY might now be worth an estimated £278,648.

This is based on house price inflation of 26.7%, between February 2019 and December 2024, 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 26.7% inflationary increase is applied to the most recent sale price for 23 MEADOW WAY of £220,000 on 28th February 2019. For the value to have increased from £220,000 to £278,648 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of 23 MEADOW WAY has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MEADOW WAY has not materially changed since February 2019.

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 houses in Welton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welton, and where 23 MEADOW WAY lies on this distribution: 23% of detached houses houses are smaller than 23 MEADOW WAY, and 77% 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.