33, KINGS WAY, WELTON, LINCOLN, LN2 3FQ - £375,000

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

33 KINGS WAY is a very large detached house of 170m², built sometime between 1996 and 2002. It was last sold for £375,000 in November 2023, which was around 33% above the average November 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

33 KINGS WAY Sold Prices

Land registry data shows three sales for 33 KINGS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 33 KINGS WAY 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
2023 8 NOV	£375,000	£282,007	33% above HPI
2005 28 JAN	£264,000	£172,593	53% above HPI
2002 11 JAN	£164,950	£93,071	77% above HPI

33 KINGS WAY 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 three 33 KINGS WAY sales between January 2002 and November 2023 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 January 2005 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the November 2023 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 33 KINGS WAY?

33 KINGS WAY is 170m² according to the EPC inspection conducted in January 2023. This puts it in the largest 20% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 33 KINGS WAY lies on this distribution: 90% of detached houses are smaller than 33 KINGS WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Welton.

33 KINGS WAY: Plot and Title Map

33 KINGS WAY sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 33 KINGS WAY, 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 33 KINGS WAY). 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 33 KINGS WAY?

33 KINGS WAY is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 33 on KINGS WAY.