WELLS HOUSE, TOWN STREET, SOUTH KILLINGHOLME, IMMINGHAM, DN40 3BS - £160,000

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

WELLS HOUSE is a very large detached house of 123m², built sometime before 1900. It was last sold for £160,000 in October 2022, which was around 35% below the average October 2022 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was G, and the potential energy rating was D.

WELLS HOUSE Sold Prices

Land registry data shows two sales for WELLS HOUSE 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 Lincolnshire local authority area for the corresponding sale date. Both of the two WELLS HOUSE 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
2022 12 OCT	£160,000	£246,567	35% below HPI
2021 23 SEP	£94,950	£227,518	58% below HPI

WELLS HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two WELLS HOUSE sales from September 2021 and October 2022 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 September 2021 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the October 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is WELLS HOUSE?

WELLS HOUSE is 123m² according to the EPC inspection conducted in July 2021. This puts it in the largest 20% of detached houses in South Killingholme, based on EPC data. The below chart shows the distribution of detached houses by size in South Killingholme, and where WELLS HOUSE lies on this distribution: 82% of detached houses are smaller than WELLS HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in South Killingholme.

WELLS HOUSE: Plot and Title Map

WELLS HOUSE sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of WELLS HOUSE, 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 WELLS HOUSE). 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 WELLS HOUSE?

WELLS HOUSE is located on TOWN STREET in SOUTH KILLINGHOLME, in the DN40 postcode district. The below map shows the position of WELLS HOUSE on TOWN STREET.