7, WELFEN LANE, CLAYPOLE, NEWARK, NG23 5AL - £174,000

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

7 WELFEN LANE is a midsized semi-detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £279,765. It was last sold for £174,000 in September 2014, which was around 18% above the average September 2014 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

7 WELFEN LANE Sold Prices

Land registry data shows four sales for 7 WELFEN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 7 WELFEN LANE 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
2014 9 SEP	£174,000	£146,940	18% above HPI
2008 28 MAY	£168,995	£154,145	10% above HPI
2005 5 JUL	£70,000	£133,577	48% below HPI
1999 10 DEC	£74,000	£56,097	32% above HPI

7 WELFEN LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 7 WELFEN LANE sales between December 1999 and September 2014 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 2008 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2014 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 7 WELFEN LANE be worth now?

7 WELFEN LANE might now be worth an estimated £279,765.

This is based on house price inflation of 60.8%, between September 2014 and February 2025, for semi-detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.8% inflationary increase is applied to the most recent sale price for 7 WELFEN LANE of £174,000 on 9th September 2014. For the value to have increased from £174,000 to £279,765 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 WELFEN LANE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The September 2014 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WELFEN LANE has not materially changed since September 2014.

How Large is 7 WELFEN LANE?

7 WELFEN LANE is 111m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of semi-detached houses houses in Claypole, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Claypole, and where 7 WELFEN LANE lies on this distribution: 40% of semi-detached houses houses are smaller than 7 WELFEN LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Claypole.

7 WELFEN LANE: Plot and Title Map

7 WELFEN LANE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 7 WELFEN LANE, 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 WELFEN LANE). 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 WELFEN LANE?

7 WELFEN LANE is located in CLAYPOLE, in the NG23 postcode district. The below map shows the position of No. 7 on WELFEN LANE.