6, LANCASTER COURT, WELTON, LINCOLN, LN2 3SY - £242,500

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 LANCASTER COURT is a large detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £373,484. It was last sold for £242,500 in February 2015, which was around 28% above the average February 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

6 LANCASTER COURT Sold Prices

Land registry data shows two sales for 6 LANCASTER COURT 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 6 LANCASTER COURT 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
2015 6 FEB	£242,500	£189,018	28% above HPI
2002 9 AUG	£145,000	£111,204	30% above HPI

6 LANCASTER COURT 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 6 LANCASTER COURT sales from August 2002 and February 2015 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 August 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2015 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 6 LANCASTER COURT be worth now?

6 LANCASTER COURT might now be worth an estimated £373,484.

This is based on house price inflation of 54%, between February 2015 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 54% inflationary increase is applied to the most recent sale price for 6 LANCASTER COURT of £242,500 on 6th February 2015. For the value to have increased from £242,500 to £373,484 over the ten years to February 2025, the following assumptions must hold true:

• The value of 6 LANCASTER COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2015 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 6 LANCASTER COURT has not materially changed since February 2015.

How Large is 6 LANCASTER COURT?

6 LANCASTER COURT is 127m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% 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 LANCASTER COURT lies on this distribution: 64% of detached houses houses are smaller than 6 LANCASTER COURT, and 35% of houses are larger. Note that EPC data is not available for all properties in Welton.

6 LANCASTER COURT: Plot and Title Map

6 LANCASTER COURT sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 6 LANCASTER COURT, 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 LANCASTER COURT). 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 LANCASTER COURT?

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