249, WOLSEY WAY, LINCOLN, LN2 4ST - £185,000

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.

249 WOLSEY WAY is a small detached house of 79m², built sometime between 1991 and 1995, which could now be worth an estimated £269,300. It was last sold for £185,000 in November 2014, which was around 10% below the average November 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

249 WOLSEY WAY Sold Prices

Land registry data shows two sales for 249 WOLSEY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. One of the two 249 WOLSEY WAY sales was for below the average price, whilst the other 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
2014 7 NOV	£185,000	£206,477	10% below HPI
1995 27 JUL	£63,500	£60,957	4% above HPI

249 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 two 249 WOLSEY WAY sales from July 1995 and November 2014 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 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 249 WOLSEY WAY be worth now?

249 WOLSEY WAY might now be worth an estimated £269,300.

This is based on house price inflation of 45.6%, between November 2014 and February 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 45.6% inflationary increase is applied to the most recent sale price for 249 WOLSEY WAY of £185,000 on 7th November 2014. For the value to have increased from £185,000 to £269,300 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 249 WOLSEY WAY has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The November 2014 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 249 WOLSEY WAY has not materially changed since November 2014.

How Large is 249 WOLSEY WAY?

249 WOLSEY WAY is 79m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% 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 249 WOLSEY WAY lies on this distribution: 24% of detached houses houses are smaller than 249 WOLSEY WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

249 WOLSEY WAY: Plot and Title Map

249 WOLSEY WAY sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 249 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 249 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 249 WOLSEY WAY?

249 WOLSEY WAY is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 249 on WOLSEY WAY.