34, LINCOLN ROAD, WELTON, LINCOLN, LN2 3JA - £238,000

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

34 LINCOLN ROAD is a large extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £238,000 in April 2015, which was around 26% above the average April 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

34 LINCOLN ROAD Sold Prices

Land registry data shows two sales for 34 LINCOLN 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. One of the two 34 LINCOLN ROAD sales was for above the average price, whilst the other was 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 30 APR	£238,000	£189,467	26% above HPI
2009 9 JAN	£155,000	£173,252	11% below HPI

34 LINCOLN 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 34 LINCOLN ROAD sales from January 2009 and April 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 January 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2015 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 34 LINCOLN ROAD?

34 LINCOLN ROAD is 127m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 40% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 34 LINCOLN ROAD lies on this distribution: 64% of detached houses are smaller than 34 LINCOLN ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Welton.

34 LINCOLN ROAD: Plot and Title Map

34 LINCOLN ROAD sits on a plot of roughly 0.285 of an acre, or 1,155m². The below map shows the location of 34 LINCOLN 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 34 LINCOLN 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 34 LINCOLN ROAD?

34 LINCOLN ROAD is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 34 on LINCOLN ROAD.