4, BARNES LANE, WELLINGORE, LINCOLN, LN5 0JB - £189,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 BARNES LANE is a very small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £189,500 in July 2013, which was around 2% above the average July 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

4 BARNES LANE Sold Prices

Land registry data shows five sales for 4 BARNES LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 4 BARNES LANE 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
2013 29 JUL	£189,500	£185,849	2% above HPI
2009 23 SEP	£180,000	£177,635	1% above HPI
2005 26 AUG	£215,000	£181,270	19% above HPI
2004 28 JUL	£139,950	£168,745	17% below HPI
1998 1 MAY	£55,000	£67,433	18% below HPI

4 BARNES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five 4 BARNES LANE sales between May 1998 and July 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 September 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2013 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 4 BARNES LANE?

4 BARNES LANE is 89m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Wellingore, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingore, and where 4 BARNES LANE lies on this distribution: 18% of detached houses are smaller than 4 BARNES LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wellingore.

4 BARNES LANE: Plot and Title Map

4 BARNES LANE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 4 BARNES LANE, 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 4 BARNES LANE). 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 4 BARNES LANE?

4 BARNES LANE is located in WELLINGORE, in the LN5 postcode district. The below map shows the position of No. 4 on BARNES LANE.