ROSE COTTAGE, DUNHOLME ROAD, WELTON, LINCOLN, LN2 3RS - £295,000

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.

ROSE COTTAGE is a large extended detached house of 143m², built sometime before 1900, which could now be worth an estimated £392,571. It was last sold for £295,000 in July 2017, which was around 33% above the average July 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE COTTAGE 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 ROSE COTTAGE sales were 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
2017 14 JUL	£295,000	£221,055	33% above HPI
2014 29 AUG	£187,000	£185,636	1% above HPI

ROSE COTTAGE 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 ROSE COTTAGE sales from August 2014 and July 2017 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 August 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2017 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might ROSE COTTAGE be worth now?

ROSE COTTAGE might now be worth an estimated £392,571.

This is based on house price inflation of 33.1%, between July 2017 and March 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.1% inflationary increase is applied to the most recent sale price for ROSE COTTAGE of £295,000 on 14th July 2017. For the value to have increased from £295,000 to £392,571 over the eight years and four months to March 2025, the following assumptions must hold true:

• The value of ROSE COTTAGE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2017 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of ROSE COTTAGE has not materially changed since July 2017.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 143m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses houses in Welton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welton, and where ROSE COTTAGE lies on this distribution: 75% of detached houses houses are smaller than ROSE COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Welton.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of ROSE COTTAGE, 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 ROSE COTTAGE). 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 ROSE COTTAGE?

ROSE COTTAGE is located on DUNHOLME ROAD in WELTON, in the LN2 postcode district. The below map shows the position of ROSE COTTAGE on DUNHOLME ROAD.