2, ORCHARD CLOSE, WELTON, LINCOLN, LN2 3RU - £205,000

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.

2 ORCHARD CLOSE is a small detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £300,807. It was last sold for £205,000 in November 2015, which was around 3% above the average November 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

2 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 2 ORCHARD CLOSE since 1^st 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 ORCHARD CLOSE sales was for above the average price, whilst the other was roughly equal to 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
2015 6 NOV	£205,000	£198,394	3% above HPI
2009 6 MAY	£175,000	£175,265	Close to HPI

2 ORCHARD CLOSE 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 ORCHARD CLOSE sales from May 2009 and November 2015 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 May 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2015 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 2 ORCHARD CLOSE be worth now?

2 ORCHARD CLOSE might now be worth an estimated £300,807.

This is based on house price inflation of 46.7%, between November 2015 and February 2025, for 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 46.7% inflationary increase is applied to the most recent sale price for 2 ORCHARD CLOSE of £205,000 on 6th November 2015. For the value to have increased from £205,000 to £300,807 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 ORCHARD CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2015 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHARD CLOSE has not materially changed since November 2015.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 97m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 30% of detached houses houses in Welton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welton, and where 2 ORCHARD CLOSE lies on this distribution: 29% of detached houses houses are smaller than 2 ORCHARD CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Welton.

2 ORCHARD CLOSE: Plot and Title Map

2 ORCHARD CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 2 ORCHARD 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 2 ORCHARD 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 2 ORCHARD CLOSE?

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