8, HOME COURT, WELLINGORE, LINCOLN, LN5 0DB - £315,000

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.

8 HOME COURT is a small extended detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £350,577. It was last sold for £315,000 in June 2021, which was around 16% above the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

8 HOME COURT Sold Prices

Land registry data shows three sales for 8 HOME COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three 8 HOME COURT sales were for above the average price, whilst one was 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
2021 30 JUN	£315,000	£272,026	16% above HPI
2008 12 FEB	£36,000	£186,260	81% below HPI
1997 28 JUL	£86,950	£66,425	31% above HPI

8 HOME COURT 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 three 8 HOME COURT sales between July 1997 and June 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 February 2008 sale was for 81% below the HPI. So the extrapolation line tracks at 81% below the HPI over time, until the June 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 HOME COURT be worth now?

8 HOME COURT might now be worth an estimated £350,577.

This is based on house price inflation of 11.3%, between June 2021 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.3% inflationary increase is applied to the most recent sale price for 8 HOME COURT of £315,000 on 30th June 2021. For the value to have increased from £315,000 to £350,577 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 HOME COURT has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HOME COURT has not materially changed since June 2021.

How Large is 8 HOME COURT?

8 HOME COURT is 105m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses houses in Wellingore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellingore, and where 8 HOME COURT lies on this distribution: 36% of detached houses houses are smaller than 8 HOME COURT, and 63% of houses are larger. Note that EPC data is not available for all properties in Wellingore.

8 HOME COURT: Plot and Title Map

8 HOME COURT sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 8 HOME COURT, 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 HOME COURT). 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 HOME COURT?

8 HOME COURT is located in WELLINGORE, in the LN5 postcode district. The below map shows the position of No. 8 on HOME COURT.