Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
25 EASTFIELD LANE is a very large extended detached house of 170m², built sometime between 1967 and 1975. It was last sold for £468,000 in June 2021, which was around 81% above the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 25 EASTFIELD LANE since 1st 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. All of the three 25 EASTFIELD LANE 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 |
---|---|---|---|
2021 4 JUN | £468,000 | £258,781 | 81% above HPI |
2009 26 AUG | £315,000 | £178,161 | 77% above HPI |
2001 23 AUG | £152,000 | £83,390 | 82% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 25 EASTFIELD LANE sales between August 2001 and June 2021 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 August 2009 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the June 2021 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.
25 EASTFIELD LANE is 170m², which includes three extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 25 EASTFIELD LANE lies on this distribution: 90% of detached houses are smaller than 25 EASTFIELD LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Welton.
25 EASTFIELD LANE sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of 25 EASTFIELD LANE, 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 25 EASTFIELD LANE). 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.
25 EASTFIELD LANE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 25 on EASTFIELD LANE.