THE BARN, WEST STREET, WELLINGORE, LINCOLN, LN5 0JA - £220,000

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

THE BARN is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £220,000 in March 2006, which was around 27% above the average March 2006 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two THE BARN 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
2006 27 MAR	£220,000	£173,728	27% above HPI
2005 14 JUL	£185,000	£179,501	3% above HPI

THE BARN 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 two THE BARN sales from July 2005 and March 2006 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 July 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2006 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is THE BARN?

THE BARN is 77m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Wellingore, based on EPC data. The below chart shows the distribution of detached houses by size in Wellingore, and where THE BARN lies on this distribution: 7% of detached houses are smaller than THE BARN, and 93% of houses are larger. Note that EPC data is not available for all properties in Wellingore.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on WEST STREET in WELLINGORE, in the LN5 postcode district. The below map shows the position of THE BARN on WEST STREET.