1, THE PASTURES, WELTON, LINCOLN, LN2 3FD - £240,000

1 THE PASTURES is a small extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £240,000 in May 2018, which was around 9% above the average May 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

1 THE PASTURES Sold Prices

Land registry data shows four sales for 1 THE PASTURES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. two of the four 1 THE PASTURES sales were for above the average price, and four 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
2018 17 MAY	£240,000	£220,537	9% above HPI
2010 10 DEC	£154,000	£188,341	18% below HPI
2003 27 NOV	£138,000	£148,078	7% below HPI
2000 28 FEB	£76,500	£72,329	6% above HPI

1 THE PASTURES 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 four 1 THE PASTURES sales between February 2000 and May 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 December 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2018 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 1 THE PASTURES?

1 THE PASTURES is 100m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 1 THE PASTURES lies on this distribution: 34% of detached houses are smaller than 1 THE PASTURES, and 65% of houses are larger. Note that EPC data is not available for all properties in Welton.

1 THE PASTURES: Plot and Title Map

1 THE PASTURES sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 1 THE PASTURES, 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 1 THE PASTURES). 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 1 THE PASTURES?

1 THE PASTURES is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 1 on THE PASTURES.