71, RIVEHALL AVENUE, WELTON, LINCOLN, LN2 3LH - £175,000

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

71 RIVEHALL AVENUE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £175,000 in November 2023, which was around 38% below the average November 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

71 RIVEHALL AVENUE Sold Prices

Land registry data shows three sales for 71 RIVEHALL AVENUE 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. All of the three 71 RIVEHALL AVENUE 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
2023 17 NOV	£175,000	£282,007	38% below HPI
2002 6 SEP	£85,000	£110,490	23% below HPI
1998 20 MAY	£40,000	£66,014	39% below HPI

71 RIVEHALL AVENUE 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 71 RIVEHALL AVENUE sales between May 1998 and November 2023 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 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 71 RIVEHALL AVENUE?

71 RIVEHALL AVENUE is 63m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 71 RIVEHALL AVENUE lies on this distribution: 4% of detached houses are smaller than 71 RIVEHALL AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Welton.

71 RIVEHALL AVENUE: Plot and Title Map

71 RIVEHALL AVENUE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 71 RIVEHALL AVENUE, 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 71 RIVEHALL AVENUE). 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 71 RIVEHALL AVENUE?

71 RIVEHALL AVENUE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 71 on RIVEHALL AVENUE.