23, PREBEND LANE, WELTON, LINCOLN, LN2 3JR - £478,000

23 PREBEND LANE is a very large extended detached house of 172m², built sometime between 1950 and 1966. It was last sold for £478,000 in February 2021, which was around 95% above the average February 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

23 PREBEND LANE Sold Prices

Land registry data shows two sales for 23 PREBEND LANE 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 PREBEND LANE 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
2021 17 FEB	£478,000	£244,903	95% above HPI
2003 12 DEC	£225,500	£150,273	50% above HPI

23 PREBEND LANE 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 PREBEND LANE sales from December 2003 and February 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 2003 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2021 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is 23 PREBEND LANE?

23 PREBEND LANE is 172m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 10% 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 PREBEND LANE lies on this distribution: 90% of detached houses are smaller than 23 PREBEND LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Welton.

23 PREBEND LANE: Plot and Title Map

23 PREBEND LANE sits on a plot of roughly 0.412 of an acre, or 1,669m². The below map shows the location of 23 PREBEND LANE, 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 PREBEND LANE). 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 PREBEND LANE?

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