3, ROMAN ROAD, WELTON, LINCOLN, LN2 3RJ - £370,000

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 ROMAN ROAD is a midsized detached house of 123m², which could now be worth an estimated £374,946. It was last sold for £370,000 in October 2022, which was around 29% above the average October 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

3 ROMAN ROAD Sold Prices

Land registry data shows two sales for 3 ROMAN ROAD 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 3 ROMAN ROAD 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
2022 28 OCT	£370,000	£287,274	29% above HPI
2018 22 JUN	£299,950	£224,902	33% above HPI

3 ROMAN ROAD 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 3 ROMAN ROAD sales from June 2018 and October 2022 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 June 2018 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2022 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 3 ROMAN ROAD be worth now?

3 ROMAN ROAD might now be worth an estimated £374,946.

This is based on house price inflation of 1.3%, between October 2022 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% inflationary increase is applied to the most recent sale price for 3 ROMAN ROAD of £370,000 on 28th October 2022. For the value to have increased from £370,000 to £374,946 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 ROMAN ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ROMAN ROAD has not materially changed since October 2022.

How Large is 3 ROMAN ROAD?

3 ROMAN ROAD is 123m² according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses houses in Welton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welton, and where 3 ROMAN ROAD lies on this distribution: 57% of detached houses houses are smaller than 3 ROMAN ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Welton.

3 ROMAN ROAD: Plot and Title Map

3 ROMAN ROAD sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 3 ROMAN ROAD, 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 ROMAN ROAD). 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 ROMAN ROAD?

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