22, GOREHALL DRIVE, WELTON, LINCOLN, LN2 3BP - £168,000

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.

22 GOREHALL DRIVE is a very small detached house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £208,355. It was last sold for £168,000 in October 2019, which was around 28% below the average October 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

22 GOREHALL DRIVE Sold Prices

Land registry data shows five sales for 22 GOREHALL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the five 22 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
2019 11 OCT	£168,000	£234,730	28% below HPI
2012 19 APR	£127,000	£176,166	28% below HPI
2006 31 OCT	£120,000	£186,828	36% below HPI
1999 24 SEP	£50,500	£72,263	30% below HPI
1996 31 JUL	£48,750	£62,091	21% below HPI

22 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 five 22 GOREHALL DRIVE sales between July 1996 and October 2019 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 April 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2019 sale, which was also at 28% below the HPI.

What might 22 GOREHALL DRIVE be worth now?

22 GOREHALL DRIVE might now be worth an estimated £208,355.

This is based on house price inflation of 24%, between October 2019 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 24% inflationary increase is applied to the most recent sale price for 22 GOREHALL DRIVE of £168,000 on 11th October 2019. For the value to have increased from £168,000 to £208,355 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 GOREHALL DRIVE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2019 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GOREHALL DRIVE has not materially changed since October 2019.

How Large is 22 GOREHALL DRIVE?

22 GOREHALL DRIVE is 65m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% 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 22 GOREHALL DRIVE lies on this distribution: 5% of detached houses houses are smaller than 22 GOREHALL DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Welton.

22 GOREHALL DRIVE: Plot and Title Map

22 GOREHALL DRIVE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 22 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 22 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 22 GOREHALL DRIVE?

22 GOREHALL DRIVE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 22 on GOREHALL DRIVE.