49, WELLHEAD LANE, NOCTON, LINCOLN, LN4 2BW - £265,000

49 WELLHEAD LANE is a midsized extended detached house of 128m², built sometime between 1950 and 1966. It was last sold for £265,000 in January 2019, which was around 3% above the average January 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was D.

49 WELLHEAD LANE Sold Prices

Land registry data shows two sales for 49 WELLHEAD 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 North Kesteven local authority area for the corresponding sale date. One of the two 49 WELLHEAD LANE sales was for above the average price, whilst the other was 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 25 JAN	£265,000	£256,384	3% above HPI
2015 3 FEB	£178,000	£197,838	10% below HPI

49 WELLHEAD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 49 WELLHEAD LANE sales from February 2015 and January 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 February 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 49 WELLHEAD LANE?

49 WELLHEAD LANE is 128m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% of detached houses in Nocton, based on EPC data. The below chart shows the distribution of detached houses by size in Nocton, and where 49 WELLHEAD LANE lies on this distribution: 42% of detached houses are smaller than 49 WELLHEAD LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Nocton.

49 WELLHEAD LANE: Plot and Title Map

49 WELLHEAD LANE sits on a plot of roughly 0.255 of an acre, or 1,031m². The below map shows the location of 49 WELLHEAD 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 49 WELLHEAD 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 49 WELLHEAD LANE?

49 WELLHEAD LANE is located in NOCTON, in the LN4 postcode district. The below map shows the position of No. 49 on WELLHEAD LANE.