29A, PREBEND LANE, WELTON, LINCOLN, LN2 3JR - £400,000

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

29A PREBEND LANE is a very large extended detached house of 194m², built sometime between 1991 and 1995. It was last sold for £400,000 in December 2021, which was around 51% above the average December 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was C.

29A PREBEND LANE Sold Prices

Land registry data shows two sales for 29A PREBEND LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 29A PREBEND 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 1 DEC	£400,000	£265,050	51% above HPI
2013 16 SEP	£285,000	£180,348	58% above HPI

29A PREBEND LANE 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 two 29A PREBEND LANE sales from September 2013 and December 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 September 2013 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the December 2021 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 29A PREBEND LANE?

29A PREBEND LANE is 194m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 10% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 29A PREBEND LANE lies on this distribution: 94% of detached houses are smaller than 29A PREBEND LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Welton.

29A PREBEND LANE: Plot and Title Map

29A PREBEND LANE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 29A PREBEND 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 29A PREBEND 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.

Where is 29A PREBEND LANE?

29A PREBEND LANE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 29A on PREBEND LANE.