10, THE SPINNEYS, WELTON, LINCOLN, LN2 3TU - £160,000

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.

10 THE SPINNEYS is a very small terraced house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £160,465. It was last sold for £160,000 in February 2022, which was around 17% above the average February 2022 terraced price in the West Lindsey local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

10 THE SPINNEYS Sold Prices

Land registry data shows eight sales for 10 THE SPINNEYS since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. All of the eight 10 THE SPINNEYS 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
2022 7 FEB	£160,000	£136,273	17% above HPI
2018 19 SEP	£127,500	£115,132	11% above HPI
2013 23 AUG	£118,000	£88,567	33% above HPI
2010 21 MAY	£116,000	£93,402	24% above HPI
2006 21 SEP	£112,950	£95,381	18% above HPI
2005 21 JAN	£110,000	£87,709	25% above HPI
2002 25 OCT	£78,500	£51,211	53% above HPI
1995 10 AUG	£39,950	£30,650	30% above HPI

10 THE SPINNEYS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The eight 10 THE SPINNEYS sales between August 1995 and February 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 2018 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 10 THE SPINNEYS be worth now?

10 THE SPINNEYS might now be worth an estimated £160,465.

This is based on house price inflation of 0.3%, between February 2022 and June 2025, for terraced 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 0.3% inflationary increase is applied to the most recent sale price for 10 THE SPINNEYS of £160,000 on 7th February 2022. For the value to have increased from £160,000 to £160,465 over the two years and eight months to June 2025, the following assumptions must hold true:

• The value of 10 THE SPINNEYS has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The February 2022 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE SPINNEYS has not materially changed since February 2022.

How Large is 10 THE SPINNEYS?

10 THE SPINNEYS is 53m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of terraced houses houses in Welton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Welton, and where 10 THE SPINNEYS lies on this distribution: Less than 1% of terraced houses houses are smaller than 10 THE SPINNEYS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Welton.

10 THE SPINNEYS: Plot and Title Map

10 THE SPINNEYS sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 10 THE SPINNEYS, 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 10 THE SPINNEYS). 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 10 THE SPINNEYS?

10 THE SPINNEYS is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 10 on THE SPINNEYS.