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
31 RIVEHALL AVENUE is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £210,000 in September 2015, which was around 6% above the average September 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 31 RIVEHALL AVENUE since 1st 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. two of the four 31 RIVEHALL AVENUE sales were for above the average price, and four 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 |
---|---|---|---|
2015 18 SEP | £210,000 | £198,433 | 6% above HPI |
2007 4 OCT | £197,000 | £201,093 | 2% below HPI |
2004 13 AUG | £193,000 | £177,543 | 9% above HPI |
2000 15 SEP | £75,000 | £77,076 | 3% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 31 RIVEHALL AVENUE sales between September 2000 and September 2015 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 October 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2015 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.
31 RIVEHALL AVENUE is 114m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 31 RIVEHALL AVENUE lies on this distribution: 49% of detached houses are smaller than 31 RIVEHALL AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Welton.
31 RIVEHALL AVENUE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 31 RIVEHALL AVENUE, 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 31 RIVEHALL AVENUE). 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.
31 RIVEHALL AVENUE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 31 on RIVEHALL AVENUE.