6, THE CARRS, WELTON, LINCOLN, LN2 3HB - £289,000

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 THE CARRS is a very large detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £336,711. It was last sold for £289,000 in September 2018, which was around 23% above the average September 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

6 THE CARRS Sold Prices

Land registry data shows four sales for 6 THE CARRS 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 6 THE CARRS 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
2018 7 SEP	£289,000	£235,489	23% above HPI
2005 16 DEC	£198,000	£177,042	12% above HPI
2004 5 NOV	£210,000	£174,459	20% above HPI
2001 27 APR	£96,995	£83,000	17% above HPI

6 THE CARRS 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 6 THE CARRS sales between April 2001 and September 2018 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 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2018 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 6 THE CARRS be worth now?

6 THE CARRS might now be worth an estimated £336,711.

This is based on house price inflation of 16.5%, between September 2018 and June 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 16.5% inflationary increase is applied to the most recent sale price for 6 THE CARRS of £289,000 on 7th September 2018. For the value to have increased from £289,000 to £336,711 over the seven years and three months to June 2025, the following assumptions must hold true:

• The value of 6 THE CARRS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2018 sale price of £289,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE CARRS has not materially changed since September 2018.

How Large is 6 THE CARRS?

6 THE CARRS is 161m² according to the EPC inspection conducted in June 2018. This puts it in the largest 20% 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 THE CARRS lies on this distribution: 86% of detached houses houses are smaller than 6 THE CARRS, and 14% of houses are larger. Note that EPC data is not available for all properties in Welton.

6 THE CARRS: Plot and Title Map

6 THE CARRS sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 6 THE CARRS, 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 THE CARRS). 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 THE CARRS?

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