18, HALFPENNY CLOSE, WELTON, LINCOLN, LN2 3FH - £109,000

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 HALFPENNY CLOSE is a very small terraced house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £165,927. It was last sold for £109,000 in March 2010, which was around 21% above the average March 2010 terraced price in the West Lindsey local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

18 HALFPENNY CLOSE Sold Prices

Land registry data shows two sales for 18 HALFPENNY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. Both of the two 18 HALFPENNY CLOSE 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
2010 12 MAR	£109,000	£89,780	21% above HPI
2002 22 MAR	£60,000	£44,978	33% above HPI

18 HALFPENNY CLOSE 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 two 18 HALFPENNY CLOSE sales from March 2002 and March 2010 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 March 2002 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2010 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 18 HALFPENNY CLOSE be worth now?

18 HALFPENNY CLOSE might now be worth an estimated £165,927.

This is based on house price inflation of 52.2%, between March 2010 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 52.2% inflationary increase is applied to the most recent sale price for 18 HALFPENNY CLOSE of £109,000 on 12th March 2010. For the value to have increased from £109,000 to £165,927 over the fourteen years and nine months to June 2025, the following assumptions must hold true:

• The value of 18 HALFPENNY CLOSE has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The March 2010 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HALFPENNY CLOSE has not materially changed since March 2010.

How Large is 18 HALFPENNY CLOSE?

18 HALFPENNY CLOSE is 62m² according to the EPC inspection conducted in January 2010. 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 18 HALFPENNY CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 18 HALFPENNY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Welton.

18 HALFPENNY CLOSE: Plot and Title Map

18 HALFPENNY CLOSE sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 18 HALFPENNY 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 18 HALFPENNY 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 18 HALFPENNY CLOSE?

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