25, THE SPINNEYS, WELTON, LINCOLN, LN2 3TU - £225,000

25 THE SPINNEYS is a very small extended detached house of 74m², built sometime between 1991 and 1995. It was last sold for £225,000 in March 2022, which was around 19% below the average March 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

25 THE SPINNEYS Sold Prices

Land registry data shows four sales for 25 THE SPINNEYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 25 THE SPINNEYS 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
2022 11 MAR	£225,000	£276,609	19% below HPI
2017 17 MAR	£185,000	£205,306	10% below HPI
2006 4 AUG	£142,000	£175,402	19% below HPI
1999 26 MAR	£58,986	£64,531	9% below HPI

25 THE SPINNEYS 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 four 25 THE SPINNEYS sales between March 1999 and March 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 March 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 25 THE SPINNEYS?

25 THE SPINNEYS is 74m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 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 25 THE SPINNEYS lies on this distribution: 10% of detached houses are smaller than 25 THE SPINNEYS, and 90% of houses are larger. Note that EPC data is not available for all properties in Welton.

25 THE SPINNEYS: Plot and Title Map

25 THE SPINNEYS sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 25 THE SPINNEYS, 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 25 THE SPINNEYS). 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 25 THE SPINNEYS?

25 THE SPINNEYS is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 25 on THE SPINNEYS.