37, KINGS WAY, WELTON, LINCOLN, LN2 3FQ - £215,000

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

37 KINGS WAY is a midsized detached house of 111m², built sometime between 1991 and 1995. It was last sold for £215,000 in January 2013, which was around 23% above the average January 2013 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 C.

37 KINGS WAY Sold Prices

Land registry data shows two sales for 37 KINGS WAY 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 37 KINGS WAY 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
2013 18 JAN	£215,000	£174,157	23% above HPI
2001 14 DEC	£59,950	£89,084	33% below HPI

37 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 two 37 KINGS WAY sales from December 2001 and January 2013 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 December 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2013 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 37 KINGS WAY?

37 KINGS WAY is 111m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 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 37 KINGS WAY lies on this distribution: 47% of detached houses are smaller than 37 KINGS WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Welton.

37 KINGS WAY: Plot and Title Map

37 KINGS WAY sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 37 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 37 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 37 KINGS WAY?

37 KINGS WAY is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 37 on KINGS WAY.