6, PREBEND LANE, WELTON, LINCOLN, LN2 3JU - £220,000

6 PREBEND LANE is a very small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £220,000 in September 2021, which was around 14% below the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

6 PREBEND LANE Sold Prices

Land registry data shows two sales for 6 PREBEND 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 West Lindsey local authority area for the corresponding sale date. Both of the two 6 PREBEND LANE 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
2021 17 SEP	£220,000	£255,135	14% below HPI
2017 12 MAY	£187,000	£212,769	12% below HPI

6 PREBEND LANE 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 PREBEND LANE sales from May 2017 and September 2021 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 May 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 6 PREBEND LANE?

6 PREBEND LANE is 86m², which includes three extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 6 PREBEND LANE lies on this distribution: 19% of detached houses are smaller than 6 PREBEND LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Welton.

6 PREBEND LANE: Plot and Title Map

6 PREBEND LANE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 6 PREBEND 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 6 PREBEND 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 6 PREBEND LANE?

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