26, KINGS WAY, WELTON, LINCOLN, LN2 3FQ - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

26 KINGS WAY is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £215,000 in November 2017, which was about the average November 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

26 KINGS WAY Sold Prices

Land registry data shows four sales for 26 KINGS WAY 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. The four 26 KINGS 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
2017 24 NOV	£215,000	£215,405	Close to HPI
2005 12 AUG	£174,000	£180,572	4% below HPI
2003 30 AUG	£128,000	£142,657	10% below HPI
2001 30 MAY	£88,950	£81,781	9% above HPI

26 KINGS 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 four 26 KINGS WAY sales between May 2001 and November 2017 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 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 26 KINGS WAY?

26 KINGS WAY is 98m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 26 KINGS WAY lies on this distribution: 30% of detached houses are smaller than 26 KINGS WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Welton.

26 KINGS WAY: Plot and Title Map

26 KINGS WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 26 KINGS 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 26 KINGS 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 26 KINGS WAY?

26 KINGS WAY is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 26 on KINGS WAY.