WELHOLME, CHURCHILL ROAD, NORTH SOMERCOTES, LOUTH, LN11 7QW - £32,947

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.

WELHOLME is a large semi-detached house of 120m², built sometime between 1930 and 1949, which could now be worth an estimated £101,297. It was last sold for £32,947 in May 2002, which was around 47% below the average May 2002 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was F, and the potential energy rating was C.

WELHOLME Sold Prices

Land registry data shows two sales for WELHOLME since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two WELHOLME sales were 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
2002 8 MAY	£32,947	£62,755	47% below HPI
1998 23 NOV	£35,000	£42,605	18% below HPI

WELHOLME Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two WELHOLME sales from November 1998 and May 2002 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 November 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2002 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might WELHOLME be worth now?

WELHOLME might now be worth an estimated £101,297.

This is based on house price inflation of 207.5%, between May 2002 and February 2025, for semi-detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 207.5% inflationary increase is applied to the most recent sale price for WELHOLME of £32,947 on 8th May 2002. For the value to have increased from £32,947 to £101,297 over the 23 years and three months to February 2025, the following assumptions must hold true:

• The value of WELHOLME has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The May 2002 sale price of £32,947 represented a fair market value for the property.
• The size, condition, and specification of WELHOLME has not materially changed since May 2002.

How Large is WELHOLME?

WELHOLME is 120m² according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of semi-detached houses houses in North Somercotes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Somercotes, and where WELHOLME lies on this distribution: 61% of semi-detached houses houses are smaller than WELHOLME, and 38% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

WELHOLME: Plot and Title Map

WELHOLME sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of WELHOLME, 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 WELHOLME). 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 WELHOLME?

WELHOLME is located on CHURCHILL ROAD in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of WELHOLME on CHURCHILL ROAD.