2, GREENWAY, WELTON, LINCOLN, LN2 3LE - £320,000

2 GREENWAY is a midsized extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £320,000 in December 2021, which was around 20% above the average December 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

2 GREENWAY Sold Prices

Land registry data shows two sales for 2 GREENWAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the two 2 GREENWAY sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2021
7 DEC
£320,000£265,973
up arrow
20% above HPI
2014
11 DEC
£60,000£184,213
down arrow
67% below HPI

2 GREENWAY 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 two 2 GREENWAY sales from December 2014 and December 2021 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 December 2014 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the December 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

2, GREENWAY, WELTON, LINCOLN, LN2 3LE: Price paid vs HM Land Registry's House Price Index

How Large is 2 GREENWAY?

2 GREENWAY is 108m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 GREENWAY lies on this distribution: 43% of detached houses are smaller than 2 GREENWAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Welton.

2, GREENWAY, WELTON, LINCOLN, LN2 3LE: Size of property relative to detached houses in Welton

2 GREENWAY: Plot and Title Map

2 GREENWAY sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 2 GREENWAY, 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 GREENWAY). 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.

2, GREENWAY, WELTON, LINCOLN, LN2 3LE: Plot and title map

Where is 2 GREENWAY?

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

2, GREENWAY, WELTON, LINCOLN, LN2 3LE: Location map and indicative extent of plot

All sales of detached houses on GREENWAY

2, GREENWAY, WELTON, LINCOLN, LN2 3LE
2021
7 DEC
£320,000
6, GREENWAY, WELTON, LINCOLN, LN2 3LE
2021
30 JUL
£199,000
2, GREENWAY, WELTON, LINCOLN, LN2 3LE
2014
11 DEC
£60,000
3, GREENWAY, WELTON, LINCOLN, LN2 3LE
2012
13 SEP
£120,000
4, GREENWAY, WELTON, LINCOLN, LN2 3LE
1997
19 DEC
£72,950
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.