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

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

FIELD HOUSE BUNGALOW is a small extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £223,000 in October 2018, which was around 13% 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	£255,395	13% below HPI
2014 3 OCT	£155,000	£204,340	24% below HPI
2001 13 JUL	£128,000	£85,820	49% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

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 in Welbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Welbourn, and where FIELD HOUSE BUNGALOW lies on this distribution: 21% of detached 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.