2, GOREHALL DRIVE, WELTON, LINCOLN, LN2 3BP - £205,000

2 GOREHALL DRIVE is a very small detached house of 57m², built sometime between 1976 and 1982. It was last sold for £205,000 in August 2023, which was around 26% below the average August 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

2 GOREHALL DRIVE Sold Prices

Land registry data shows four sales for 2 GOREHALL DRIVE 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 2 GOREHALL DRIVE 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 10 AUG	£205,000	£278,758	26% below HPI
2007 27 NOV	£148,000	£205,610	28% below HPI
1996 19 DEC	£43,000	£64,025	33% below HPI
1996 23 APR	£49,500	£61,986	20% below HPI

2 GOREHALL DRIVE 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 2 GOREHALL DRIVE sales between April 1996 and August 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 November 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 GOREHALL DRIVE?

2 GOREHALL DRIVE is 57m² according to the EPC inspection conducted in May 2022. 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 GOREHALL DRIVE lies on this distribution: 1% of detached houses are smaller than 2 GOREHALL DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Welton.

2 GOREHALL DRIVE: Plot and Title Map

2 GOREHALL DRIVE sits on a plot of roughly 0.074 of an acre, or 297m². The below map shows the location of 2 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 2 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 2 GOREHALL DRIVE?

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