23, KINGS WAY, WELTON, LINCOLN, LN2 3FQ - £350,000

23 KINGS WAY is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £350,000 in April 2022, which was around 26% above the average April 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

23 KINGS WAY Sold Prices

Land registry data shows two sales for 23 KINGS WAY 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. Both of the two 23 KINGS WAY sales were for above 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
2022 11 APR	£350,000	£277,040	26% above HPI
2001 5 APR	£124,950	£81,809	53% above HPI

23 KINGS WAY 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 23 KINGS WAY sales from April 2001 and April 2022 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 2001 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2022 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 23 KINGS WAY?

23 KINGS WAY is 112m² according to the EPC inspection conducted in January 2022. 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 23 KINGS WAY lies on this distribution: 48% of detached houses are smaller than 23 KINGS WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Welton.

23 KINGS WAY: Plot and Title Map

23 KINGS WAY sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 23 KINGS WAY, 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 23 KINGS WAY). 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 23 KINGS WAY?

23 KINGS WAY is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 23 on KINGS WAY.