53, WOLSEY WAY, LINCOLN, LN2 4QH - £121,000

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

53 WOLSEY WAY is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £121,000 in June 2009, which was around 28% below the average June 2009 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

53 WOLSEY WAY Sold Prices

Land registry data shows three sales for 53 WOLSEY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 53 WOLSEY 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
2009 26 JUN	£121,000	£168,849	28% below HPI
2002 28 FEB	£65,000	£96,714	33% below HPI
1995 3 NOV	£48,750	£63,679	23% below HPI

53 WOLSEY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 53 WOLSEY WAY sales between November 1995 and June 2009 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 February 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2009 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 53 WOLSEY WAY be worth now?

53 WOLSEY WAY might now be worth an estimated £216,471.

This is based on house price inflation of 78.9%, between June 2009 and December 2024, for detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.9% inflationary increase is applied to the most recent sale price for 53 WOLSEY WAY of £121,000 on 26th June 2009. For the value to have increased from £121,000 to £216,471 over the fourteen years and six months to December 2024, the following assumptions must hold true:

• The value of 53 WOLSEY WAY has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The June 2009 sale price of £121,000 represented a fair market value for the property.
• The size, condition, and specification of 53 WOLSEY WAY has not materially changed since June 2009.

How Large is 53 WOLSEY WAY?

53 WOLSEY WAY is 60m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 53 WOLSEY WAY lies on this distribution: 6% of detached houses houses are smaller than 53 WOLSEY WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

53 WOLSEY WAY: Plot and Title Map

53 WOLSEY WAY sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 53 WOLSEY 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 53 WOLSEY 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 53 WOLSEY WAY?

53 WOLSEY WAY is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 53 on WOLSEY WAY.