7, LARK DRIVE, WELLINGORE, LINCOLN, LN5 0DS - £263,000

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

7 LARK DRIVE is a very small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £263,000 in September 2021, which was around 7% below the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

7 LARK DRIVE Sold Prices

Land registry data shows two sales for 7 LARK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 7 LARK DRIVE sales was for below the average price, whilst the other was 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 30 SEP	£263,000	£281,947	7% below HPI
2001 10 SEP	£89,950	£89,607	Close to HPI

7 LARK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 7 LARK DRIVE sales from September 2001 and September 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 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 7 LARK DRIVE?

7 LARK DRIVE is 87m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Wellingore, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingore, and where 7 LARK DRIVE lies on this distribution: 16% of detached houses are smaller than 7 LARK DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wellingore.

7 LARK DRIVE: Plot and Title Map

7 LARK DRIVE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 7 LARK DRIVE, 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 7 LARK DRIVE). 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 7 LARK DRIVE?

7 LARK DRIVE is located in WELLINGORE, in the LN5 postcode district. The below map shows the position of No. 7 on LARK DRIVE.