5, ROMAN ROAD, WELTON, LINCOLN, LN2 3RJ - £276,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 ROMAN ROAD is a small detached house of 103m², which could now be worth an estimated £350,371. It was last sold for £276,000 in February 2020, which was around 20% above the average February 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

5 ROMAN ROAD Sold Prices

Land registry data shows two sales for 5 ROMAN 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 5 ROMAN 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 28 FEB	£276,000	£229,321	20% above HPI
2018 31 MAY	£259,950	£223,747	16% above HPI

5 ROMAN 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 5 ROMAN ROAD sales from May 2018 and February 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 May 2018 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 5 ROMAN ROAD be worth now?

5 ROMAN ROAD might now be worth an estimated £350,371.

This is based on house price inflation of 26.9%, between February 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 26.9% inflationary increase is applied to the most recent sale price for 5 ROMAN ROAD of £276,000 on 28th February 2020. For the value to have increased from £276,000 to £350,371 over the five years to February 2025, the following assumptions must hold true:

• The value of 5 ROMAN ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2020 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ROMAN ROAD has not materially changed since February 2020.

How Large is 5 ROMAN ROAD?

5 ROMAN ROAD is 103m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% 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 5 ROMAN ROAD lies on this distribution: 36% of detached houses houses are smaller than 5 ROMAN ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Welton.

5 ROMAN ROAD: Plot and Title Map

5 ROMAN ROAD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 5 ROMAN 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 5 ROMAN 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 5 ROMAN ROAD?

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