14, PREBEND LANE, WELTON, LINCOLN, LN2 3JU - £230,000

14 PREBEND LANE is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £230,000 in June 2020, which was around 2% above the average June 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

14 PREBEND LANE Sold Prices

Land registry data shows four sales for 14 PREBEND LANE 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 14 PREBEND LANE 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
2020 17 JUN	£230,000	£226,149	2% above HPI
2016 15 JUL	£193,000	£199,017	3% below HPI
2004 10 NOV	£140,000	£171,956	19% below HPI
2002 7 JUN	£110,000	£99,295	11% above HPI

14 PREBEND LANE 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 14 PREBEND LANE sales between June 2002 and June 2020 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 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 14 PREBEND LANE?

14 PREBEND LANE is 81m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 14 PREBEND LANE lies on this distribution: 14% of detached houses are smaller than 14 PREBEND LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Welton.

14 PREBEND LANE: Plot and Title Map

14 PREBEND LANE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 14 PREBEND LANE, 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 14 PREBEND LANE). 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 14 PREBEND LANE?

14 PREBEND LANE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 14 on PREBEND LANE.