2, WELLS CLOSE, WASHINGBOROUGH, LINCOLN, LN4 1SN - £145,000

2 WELLS CLOSE is a large extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £145,000 in April 2013, which was around 20% below the average April 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 WELLS CLOSE Sold Prices

Land registry data shows three sales for 2 WELLS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 2 WELLS CLOSE 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
2013 26 APR	£145,000	£180,409	20% below HPI
2001 6 JUL	£67,500	£85,820	21% below HPI
1998 13 FEB	£49,000	£67,537	27% below HPI

2 WELLS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 2 WELLS CLOSE sales between February 1998 and April 2013 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 July 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2013 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 WELLS CLOSE?

2 WELLS CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Washingborough, and where 2 WELLS CLOSE lies on this distribution: 66% of detached houses are smaller than 2 WELLS CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

2 WELLS CLOSE: Plot and Title Map

2 WELLS CLOSE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 2 WELLS 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 WELLS 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 WELLS CLOSE?

2 WELLS CLOSE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 2 on WELLS CLOSE.