244, WOLSEY WAY, LINCOLN, LN2 4ST - £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.

244 WOLSEY WAY is a midsized detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £302,496. It was last sold for £245,000 in February 2018, which was about the average February 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

244 WOLSEY WAY Sold Prices

Land registry data shows five sales for 244 WOLSEY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. The five 244 WOLSEY WAY sales were a mix of roughly equal to the average price, above the average price, and below 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
2018 13 FEB	£245,000	£244,376	Close to HPI
2011 21 JUN	£167,000	£179,328	7% below HPI
2007 29 MAR	£87,500	£191,873	54% below HPI
2004 1 APR	£165,000	£166,955	1% below HPI
2002 31 MAY	£120,000	£106,431	13% above HPI

244 WOLSEY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The five 244 WOLSEY WAY sales between May 2002 and February 2018 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 June 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 244 WOLSEY WAY be worth now?

244 WOLSEY WAY might now be worth an estimated £302,496.

This is based on house price inflation of 23.5%, between February 2018 and March 2025, for detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.5% inflationary increase is applied to the most recent sale price for 244 WOLSEY WAY of £245,000 on 13th February 2018. For the value to have increased from £245,000 to £302,496 over the six years and eleven months to March 2025, the following assumptions must hold true:

• The value of 244 WOLSEY WAY has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The February 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 244 WOLSEY WAY has not materially changed since February 2018.

How Large is 244 WOLSEY WAY?

244 WOLSEY WAY is 100m² according to the EPC inspection conducted in April 2017. This puts it in the largest 50% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 244 WOLSEY WAY lies on this distribution: 49% of detached houses houses are smaller than 244 WOLSEY WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

244 WOLSEY WAY: Plot and Title Map

244 WOLSEY WAY sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 244 WOLSEY 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 244 WOLSEY 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 244 WOLSEY WAY?

244 WOLSEY WAY is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 244 on WOLSEY WAY.