6, HALFPENNY CLOSE, WELTON, LINCOLN, LN2 3FH - £249,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 HALFPENNY CLOSE is a midsized extended detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £347,407. It was last sold for £249,950 in December 2016, which was around 19% above the average December 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

6 HALFPENNY CLOSE Sold Prices

Land registry data shows three sales for 6 HALFPENNY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 6 HALFPENNY CLOSE 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
2016 8 DEC	£249,950	£209,449	19% above HPI
2003 8 OCT	£174,950	£149,607	17% above HPI
2001 30 NOV	£123,950	£90,923	36% above HPI

6 HALFPENNY CLOSE 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 three 6 HALFPENNY CLOSE sales between November 2001 and December 2016 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 October 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 6 HALFPENNY CLOSE be worth now?

6 HALFPENNY CLOSE might now be worth an estimated £347,407.

This is based on house price inflation of 39%, between December 2016 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39% inflationary increase is applied to the most recent sale price for 6 HALFPENNY CLOSE of £249,950 on 8th December 2016. For the value to have increased from £249,950 to £347,407 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 HALFPENNY CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2016 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 6 HALFPENNY CLOSE has not materially changed since December 2016.

How Large is 6 HALFPENNY CLOSE?

6 HALFPENNY CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses houses in Welton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welton, and where 6 HALFPENNY CLOSE lies on this distribution: 53% of detached houses houses are smaller than 6 HALFPENNY CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Welton.

6 HALFPENNY CLOSE: Plot and Title Map

6 HALFPENNY CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 6 HALFPENNY CLOSE, 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 6 HALFPENNY CLOSE). 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 6 HALFPENNY CLOSE?

6 HALFPENNY CLOSE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 6 on HALFPENNY CLOSE.