FIELD HOUSE BUNGALOW, MAIN ROAD, WELBOURN, LINCOLN, LN5 0PA - £223,000

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.

FIELD HOUSE BUNGALOW is a small extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £267,738. It was last sold for £223,000 in October 2018, which was around 12% below the average October 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

FIELD HOUSE BUNGALOW Sold Prices

Land registry data shows three sales for FIELD HOUSE BUNGALOW 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 FIELD HOUSE BUNGALOW sales were for below the average price, whilst one was 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
2018 29 OCT	£223,000	£252,161	12% below HPI
2014 3 OCT	£155,000	£201,752	23% below HPI
2001 13 JUL	£128,000	£84,733	51% above HPI

FIELD HOUSE BUNGALOW 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 FIELD HOUSE BUNGALOW sales between July 2001 and October 2018 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 October 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might FIELD HOUSE BUNGALOW be worth now?

FIELD HOUSE BUNGALOW might now be worth an estimated £267,738.

This is based on house price inflation of 20.1%, between October 2018 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 20.1% inflationary increase is applied to the most recent sale price for FIELD HOUSE BUNGALOW of £223,000 on 29th October 2018. For the value to have increased from £223,000 to £267,738 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of FIELD HOUSE BUNGALOW has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2018 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of FIELD HOUSE BUNGALOW has not materially changed since October 2018.

How Large is FIELD HOUSE BUNGALOW?

FIELD HOUSE BUNGALOW is 108m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 30% of detached houses houses in Welbourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welbourn, and where FIELD HOUSE BUNGALOW lies on this distribution: 21% of detached houses houses are smaller than FIELD HOUSE BUNGALOW, and 79% of houses are larger. Note that EPC data is not available for all properties in Welbourn.

FIELD HOUSE BUNGALOW: Plot and Title Map

FIELD HOUSE BUNGALOW sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of FIELD HOUSE BUNGALOW, 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 FIELD HOUSE BUNGALOW). 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 FIELD HOUSE BUNGALOW?

FIELD HOUSE BUNGALOW is located on MAIN ROAD in WELBOURN, in the LN5 postcode district. The below map shows the position of FIELD HOUSE BUNGALOW on MAIN ROAD.