24, NORTHFIELD ROAD, WELTON, LINCOLN, LN2 3FF - £245,000

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.

24 NORTHFIELD ROAD is a midsized detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £348,761. It was last sold for £245,000 in September 2016, which was around 20% above the average September 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

24 NORTHFIELD ROAD Sold Prices

Land registry data shows four sales for 24 NORTHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four 24 NORTHFIELD 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
2016 30 SEP	£245,000	£204,504	20% above HPI
2012 27 JUL	£183,475	£177,357	3% above HPI
2010 16 DEC	£184,000	£191,082	4% below HPI
2001 13 DEC	£124,950	£90,381	38% above HPI

24 NORTHFIELD 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 four 24 NORTHFIELD ROAD sales between December 2001 and September 2016 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 July 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2016 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 24 NORTHFIELD ROAD be worth now?

24 NORTHFIELD ROAD might now be worth an estimated £348,761.

This is based on house price inflation of 42.4%, between September 2016 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 42.4% inflationary increase is applied to the most recent sale price for 24 NORTHFIELD ROAD of £245,000 on 30th September 2016. For the value to have increased from £245,000 to £348,761 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 NORTHFIELD ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 24 NORTHFIELD ROAD has not materially changed since September 2016.

How Large is 24 NORTHFIELD ROAD?

24 NORTHFIELD ROAD is 111m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% 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 24 NORTHFIELD ROAD lies on this distribution: 47% of detached houses houses are smaller than 24 NORTHFIELD ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Welton.

24 NORTHFIELD ROAD: Plot and Title Map

24 NORTHFIELD ROAD sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 24 NORTHFIELD 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 24 NORTHFIELD 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 24 NORTHFIELD ROAD?

24 NORTHFIELD ROAD is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 24 on NORTHFIELD ROAD.