15, EASTFIELD CLOSE, WELTON, LINCOLN, LN2 3NB - £162,450

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.

15 EASTFIELD CLOSE is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £245,513. It was last sold for £162,450 in January 2007, which was around 16% below the average January 2007 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

15 EASTFIELD CLOSE Sold Prices

Land registry data shows two sales for 15 EASTFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 15 EASTFIELD CLOSE 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
2007 5 JAN	£162,450	£192,623	16% below HPI
2000 21 JUL	£56,000	£74,050	24% below HPI

15 EASTFIELD CLOSE 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 two 15 EASTFIELD CLOSE sales from July 2000 and January 2007 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 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2007 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 15 EASTFIELD CLOSE be worth now?

15 EASTFIELD CLOSE might now be worth an estimated £245,513.

This is based on house price inflation of 51.1%, between January 2007 and February 2025, for detached 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 51.1% inflationary increase is applied to the most recent sale price for 15 EASTFIELD CLOSE of £162,450 on 5th January 2007. For the value to have increased from £162,450 to £245,513 over the seventeen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 EASTFIELD CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The January 2007 sale price of £162,450 represented a fair market value for the property.
• The size, condition, and specification of 15 EASTFIELD CLOSE has not materially changed since January 2007.

How Large is 15 EASTFIELD CLOSE?

15 EASTFIELD CLOSE is 77m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 20% of detached houses houses in Welton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welton, and where 15 EASTFIELD CLOSE lies on this distribution: 11% of detached houses houses are smaller than 15 EASTFIELD CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Welton.

15 EASTFIELD CLOSE: Plot and Title Map

15 EASTFIELD CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 15 EASTFIELD CLOSE, 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 15 EASTFIELD CLOSE). 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 15 EASTFIELD CLOSE?

15 EASTFIELD CLOSE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 15 on EASTFIELD CLOSE.