8, GREENWAY, WELTON, LINCOLN, LN2 3LE - £168,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 GREENWAY is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £168,000 in April 2016, which was around 13% below the average April 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

8 GREENWAY Sold Prices

Land registry data shows two sales for 8 GREENWAY 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 8 GREENWAY 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
2016 25 APR	£168,000	£192,407	13% below HPI
1997 15 SEP	£57,000	£69,496	18% below HPI

8 GREENWAY 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 8 GREENWAY sales from September 1997 and April 2016 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 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 GREENWAY?

8 GREENWAY is 57m² according to the EPC inspection conducted in February 2016. 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 8 GREENWAY lies on this distribution: 1% of detached houses are smaller than 8 GREENWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Welton.

8 GREENWAY: Plot and Title Map

8 GREENWAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 8 GREENWAY, 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 8 GREENWAY). 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 8 GREENWAY?

8 GREENWAY is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 8 on GREENWAY.