4, BISHOPS PLACE, WELTON, LINCOLN, LN2 3FR - £370,000

4 BISHOPS PLACE is a large detached house of 139m², built sometime between 1996 and 2002. It was last sold for £370,000 in May 2019, which was around 66% above the average May 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

4 BISHOPS PLACE Sold Prices

Land registry data shows four sales for 4 BISHOPS PLACE 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 4 BISHOPS PLACE 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
2019 24 MAY	£370,000	£222,264	66% above HPI
2012 18 DEC	£250,000	£173,075	44% above HPI
2002 30 MAY	£155,000	£97,620	59% above HPI
2001 6 AUG	£139,950	£83,390	68% above HPI

4 BISHOPS PLACE 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 4 BISHOPS PLACE sales between August 2001 and May 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 December 2012 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the May 2019 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 4 BISHOPS PLACE?

4 BISHOPS PLACE is 139m² according to the EPC inspection conducted in August 2013. This puts it in the largest 30% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 4 BISHOPS PLACE lies on this distribution: 71% of detached houses are smaller than 4 BISHOPS PLACE, and 28% of houses are larger. Note that EPC data is not available for all properties in Welton.

4 BISHOPS PLACE: Plot and Title Map

4 BISHOPS PLACE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 4 BISHOPS PLACE, 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 4 BISHOPS PLACE). 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 4 BISHOPS PLACE?

4 BISHOPS PLACE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 4 on BISHOPS PLACE.