2, EASTFIELD LANE, WELTON, LINCOLN, LN2 3NA - £172,500

2 EASTFIELD LANE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £172,500 in February 2017, which was around 15% below the average February 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

2 EASTFIELD LANE Sold Prices

Land registry data shows three sales for 2 EASTFIELD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 2 EASTFIELD LANE 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
2017 22 FEB	£172,500	£203,399	15% below HPI
2006 22 FEB	£148,500	£179,157	17% below HPI
2005 28 OCT	£108,000	£174,329	38% below HPI

2 EASTFIELD 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 three 2 EASTFIELD LANE sales between October 2005 and February 2017 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 February 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 EASTFIELD LANE?

2 EASTFIELD LANE is 64m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 2 EASTFIELD LANE lies on this distribution: 5% of detached houses are smaller than 2 EASTFIELD LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Welton.

2 EASTFIELD LANE: Plot and Title Map

2 EASTFIELD LANE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 EASTFIELD 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 2 EASTFIELD 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 2 EASTFIELD LANE?

2 EASTFIELD LANE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 2 on EASTFIELD LANE.