3, EASTFIELD CLOSE, WELTON, LINCOLN, LN2 3NB - £195,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 EASTFIELD CLOSE is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £195,000 in May 2020, which was around 13% below the average May 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

3 EASTFIELD CLOSE Sold Prices

Land registry data shows four sales for 3 EASTFIELD CLOSE 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. All of the four 3 EASTFIELD CLOSE sales were for 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
2020 15 MAY	£195,000	£224,348	13% below HPI
2016 12 DEC	£194,950	£206,444	6% below HPI
2015 5 MAY	£173,000	£186,674	7% below HPI
2013 11 OCT	£169,950	£178,420	5% below HPI

3 EASTFIELD CLOSE 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 3 EASTFIELD CLOSE sales between October 2013 and May 2020 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 December 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 EASTFIELD CLOSE?

3 EASTFIELD CLOSE is 64m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 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 3 EASTFIELD CLOSE lies on this distribution: 4% of detached houses are smaller than 3 EASTFIELD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Welton.

3 EASTFIELD CLOSE: Plot and Title Map

3 EASTFIELD CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 3 EASTFIELD CLOSE, 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 3 EASTFIELD CLOSE). 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 3 EASTFIELD CLOSE?

3 EASTFIELD CLOSE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 3 on EASTFIELD CLOSE.