18, GOREHALL DRIVE, WELTON, LINCOLN, LN2 3BP - £115,000

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.

18 GOREHALL DRIVE is a very small semi-detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £194,565. It was last sold for £115,000 in April 2011, which was around 4% above the average April 2011 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

18 GOREHALL DRIVE Sold Prices

Land registry data shows three sales for 18 GOREHALL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 18 GOREHALL DRIVE 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
2011 8 APR	£115,000	£110,341	4% above HPI
2004 30 JUL	£115,000	£109,976	5% above HPI
1998 15 DEC	£45,000	£40,487	11% above HPI

18 GOREHALL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 18 GOREHALL DRIVE sales between December 1998 and April 2011 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 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2011 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 18 GOREHALL DRIVE be worth now?

18 GOREHALL DRIVE might now be worth an estimated £194,565.

This is based on house price inflation of 69.2%, between April 2011 and February 2025, for semi-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 69.2% inflationary increase is applied to the most recent sale price for 18 GOREHALL DRIVE of £115,000 on 8th April 2011. For the value to have increased from £115,000 to £194,565 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 18 GOREHALL DRIVE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The April 2011 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GOREHALL DRIVE has not materially changed since April 2011.

How Large is 18 GOREHALL DRIVE?

18 GOREHALL DRIVE is 67m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of semi-detached houses houses in Welton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Welton, and where 18 GOREHALL DRIVE lies on this distribution: 6% of semi-detached houses houses are smaller than 18 GOREHALL DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Welton.

18 GOREHALL DRIVE: Plot and Title Map

18 GOREHALL DRIVE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 18 GOREHALL DRIVE, 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 18 GOREHALL DRIVE). 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 18 GOREHALL DRIVE?

18 GOREHALL DRIVE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 18 on GOREHALL DRIVE.