5, POACHERS REST, WELTON, LINCOLN, LN2 3TR - £265,000

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

5 POACHERS REST is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £265,000 in February 2021, which was around 7% above the average February 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

5 POACHERS REST Sold Prices

Land registry data shows four sales for 5 POACHERS REST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 5 POACHERS REST 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
2021 11 FEB	£265,000	£247,515	7% above HPI
2016 2 SEP	£227,500	£201,570	13% above HPI
2013 19 JUL	£195,000	£175,259	11% above HPI
2001 15 MAR	£90,000	£81,316	11% above HPI

5 POACHERS REST 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 four 5 POACHERS REST sales between March 2001 and February 2021 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 2016 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 5 POACHERS REST?

5 POACHERS REST is 93m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 5 POACHERS REST lies on this distribution: 27% of detached houses are smaller than 5 POACHERS REST, and 73% of houses are larger. Note that EPC data is not available for all properties in Welton.

5 POACHERS REST: Plot and Title Map

5 POACHERS REST sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 5 POACHERS REST, 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 5 POACHERS REST). 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 5 POACHERS REST?

5 POACHERS REST is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 5 on POACHERS REST.