6, THE ESHINGS, WELTON, LINCOLN, LN2 3FP - £118,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 THE ESHINGS is a very small detached house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £198,025. It was last sold for £118,000 in February 2009, which was around 32% below the average February 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2017, where the current energy rating was A, and the potential energy rating was A.

6 THE ESHINGS Sold Prices

Land registry data shows two sales for 6 THE ESHINGS 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 6 THE ESHINGS 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 9 FEB	£118,000	£173,470	32% below HPI
2006 10 MAR	£127,950	£180,885	29% below HPI

6 THE ESHINGS 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 6 THE ESHINGS sales from March 2006 and February 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 March 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2009 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 6 THE ESHINGS be worth now?

6 THE ESHINGS might now be worth an estimated £198,025.

This is based on house price inflation of 67.8%, between February 2009 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 67.8% inflationary increase is applied to the most recent sale price for 6 THE ESHINGS of £118,000 on 9th February 2009. For the value to have increased from £118,000 to £198,025 over the sixteen years to February 2025, the following assumptions must hold true:

• The value of 6 THE ESHINGS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2009 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE ESHINGS has not materially changed since February 2009.

How Large is 6 THE ESHINGS?

6 THE ESHINGS is 79m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% 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 THE ESHINGS lies on this distribution: 12% of detached houses houses are smaller than 6 THE ESHINGS, and 87% of houses are larger. Note that EPC data is not available for all properties in Welton.

6 THE ESHINGS: Plot and Title Map

6 THE ESHINGS sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 6 THE ESHINGS, 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 THE ESHINGS). 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 THE ESHINGS?

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