48, BRINKHALL WAY, WELTON, LINCOLN, LN2 3NS - £130,000

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

48 BRINKHALL WAY is a very small detached house of 51m², built sometime between 1991 and 1995. It was last sold for £130,000 in February 2016, which was around 33% below the average February 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

48 BRINKHALL WAY Sold Prices

Land registry data shows two sales for 48 BRINKHALL 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. Both of the two 48 BRINKHALL WAY sales were 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
2016 11 FEB	£130,000	£194,862	33% below HPI
2005 24 NOV	£115,000	£177,307	35% below HPI

48 BRINKHALL 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 48 BRINKHALL WAY sales from November 2005 and February 2016 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 November 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2016 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 48 BRINKHALL WAY?

48 BRINKHALL WAY is 51m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 48 BRINKHALL WAY lies on this distribution: Less than 1% of detached houses are smaller than 48 BRINKHALL WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Welton.

48 BRINKHALL WAY: Plot and Title Map

48 BRINKHALL WAY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 48 BRINKHALL 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 48 BRINKHALL 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 48 BRINKHALL WAY?

48 BRINKHALL WAY is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 48 on BRINKHALL WAY.