3, OLD MULBERRY COURT, WELBOURN, LINCOLN, LN5 0TB - £565,000

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.

3 OLD MULBERRY COURT is a very large extended detached house of 215m², built sometime between 1991 and 1995, which could now be worth an estimated £672,403. It was last sold for £565,000 in October 2019, which was around 122% above the average October 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

3 OLD MULBERRY COURT Sold Prices

Land registry data shows four sales for 3 OLD MULBERRY COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 3 OLD MULBERRY COURT 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
2019 28 OCT	£565,000	£254,391	122% above HPI
2016 17 MAR	£450,000	£214,091	110% above HPI
2000 30 NOV	£240,000	£79,538	202% above HPI
1995 13 DEC	£196,500	£60,374	225% above HPI

3 OLD MULBERRY COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 3 OLD MULBERRY COURT sales between December 1995 and October 2019 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 March 2016 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the October 2019 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

What might 3 OLD MULBERRY COURT be worth now?

3 OLD MULBERRY COURT might now be worth an estimated £672,403.

This is based on house price inflation of 19%, between October 2019 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19% inflationary increase is applied to the most recent sale price for 3 OLD MULBERRY COURT of £565,000 on 28th October 2019. For the value to have increased from £565,000 to £672,403 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 OLD MULBERRY COURT has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2019 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD MULBERRY COURT has not materially changed since October 2019.

How Large is 3 OLD MULBERRY COURT?

3 OLD MULBERRY COURT is 215m², which includes three extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses houses in Welbourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welbourn, and where 3 OLD MULBERRY COURT lies on this distribution: 90% of detached houses houses are smaller than 3 OLD MULBERRY COURT, and 10% of houses are larger. Note that EPC data is not available for all properties in Welbourn.

3 OLD MULBERRY COURT: Plot and Title Map

3 OLD MULBERRY COURT sits on a plot of roughly 0.412 of an acre, or 1,666m². The below map shows the location of 3 OLD MULBERRY COURT, 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 OLD MULBERRY COURT). 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 OLD MULBERRY COURT?

3 OLD MULBERRY COURT is located in WELBOURN, in the LN5 postcode district. The below map shows the position of No. 3 on OLD MULBERRY COURT.