6, FIELD CLOSE, WELTON, LINCOLN, LN2 3TT - £320,000

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

6 FIELD CLOSE is a midsized extended detached house of 124m², built sometime between 1991 and 1995, which could now be worth an estimated £351,607. It was last sold for £320,000 in August 2021, which was around 23% above the average August 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

6 FIELD CLOSE Sold Prices

Land registry data shows three sales for 6 FIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. The three 6 FIELD CLOSE sales were a mix of above the average price, and roughly equal to 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 6 AUG	£320,000	£259,307	23% above HPI
2005 6 MAY	£170,000	£169,757	Close to HPI
1998 23 OCT	£75,450	£71,171	6% above HPI

6 FIELD CLOSE 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 three 6 FIELD CLOSE sales between October 1998 and August 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 May 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 6 FIELD CLOSE be worth now?

6 FIELD CLOSE might now be worth an estimated £351,607.

This is based on house price inflation of 9.9%, between August 2021 and December 2024, 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 9.9% inflationary increase is applied to the most recent sale price for 6 FIELD CLOSE of £320,000 on 6th August 2021. For the value to have increased from £320,000 to £351,607 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 6 FIELD CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 6 FIELD CLOSE has not materially changed since August 2021.

How Large is 6 FIELD CLOSE?

6 FIELD CLOSE is 124m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 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 6 FIELD CLOSE lies on this distribution: 60% of detached houses houses are smaller than 6 FIELD CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Welton.

6 FIELD CLOSE: Plot and Title Map

6 FIELD CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 6 FIELD CLOSE, 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 6 FIELD CLOSE). 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 6 FIELD CLOSE?

6 FIELD CLOSE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 6 on FIELD CLOSE.