43, LINCOLN ROAD, WELTON, LINCOLN, LN2 3JA - £332,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

43 LINCOLN ROAD is a very large detached house of 151m², built sometime between 1976 and 1982, which could now be worth an estimated £410,909. It was last sold for £332,500 in August 2020, which was around 41% above the average August 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was A.

43 LINCOLN ROAD Sold Prices

Land registry data shows two sales for 43 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. Both of the two 43 LINCOLN ROAD 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
2020 27 AUG	£332,500	£235,564	41% above HPI
2015 10 DEC	£270,000	£199,855	35% above HPI

43 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 43 LINCOLN ROAD sales from December 2015 and August 2020 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 2015 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2020 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 43 LINCOLN ROAD be worth now?

43 LINCOLN ROAD might now be worth an estimated £410,909.

This is based on house price inflation of 23.6%, between August 2020 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.6% inflationary increase is applied to the most recent sale price for 43 LINCOLN ROAD of £332,500 on 27th August 2020. For the value to have increased from £332,500 to £410,909 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 43 LINCOLN ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2020 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 43 LINCOLN ROAD has not materially changed since August 2020.

How Large is 43 LINCOLN ROAD?

43 LINCOLN ROAD is 151m² according to the EPC inspection conducted in February 2015. This puts it in the largest 20% of detached houses houses in Welton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welton, and where 43 LINCOLN ROAD lies on this distribution: 82% of detached houses houses are smaller than 43 LINCOLN ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Welton.

43 LINCOLN ROAD: Plot and Title Map

43 LINCOLN ROAD sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 43 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 43 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 43 LINCOLN ROAD?

43 LINCOLN ROAD is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 43 on LINCOLN ROAD.