16, ROSELEA AVENUE, WELTON, LINCOLN, LN2 3RT - £245,000

16 ROSELEA AVENUE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £245,000 in February 2023, which was around 13% below the average February 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

16 ROSELEA AVENUE Sold Prices

Land registry data shows four sales for 16 ROSELEA AVENUE 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. All of the four 16 ROSELEA AVENUE 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
2023 24 FEB	£245,000	£283,188	13% below HPI
2009 28 AUG	£130,000	£178,161	27% below HPI
2004 8 JUL	£138,000	£171,695	20% below HPI
1997 30 JUN	£51,000	£65,185	22% below HPI

16 ROSELEA AVENUE 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 16 ROSELEA AVENUE sales between June 1997 and February 2023 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 August 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16 ROSELEA AVENUE?

16 ROSELEA AVENUE is 77m² according to the EPC inspection conducted in March 2019. 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 16 ROSELEA AVENUE lies on this distribution: 12% of detached houses are smaller than 16 ROSELEA AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Welton.

16 ROSELEA AVENUE: Plot and Title Map

16 ROSELEA AVENUE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 16 ROSELEA AVENUE, 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 16 ROSELEA AVENUE). 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 16 ROSELEA AVENUE?

16 ROSELEA AVENUE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 16 on ROSELEA AVENUE.