7, CHAPTER CLOSE, WELTON, LINCOLN, LN2 3FS - £375,000

7 CHAPTER CLOSE is a very large extended detached house of 207m², built sometime between 1996 and 2002. It was last sold for £375,000 in September 2021, which was around 47% above the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

7 CHAPTER CLOSE Sold Prices

Land registry data shows three sales for 7 CHAPTER 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 7 CHAPTER 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
2021 29 SEP	£375,000	£255,135	47% above HPI
2019 27 JUN	£320,000	£214,477	49% above HPI
2001 20 JUL	£129,950	£84,676	53% above HPI

7 CHAPTER 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 7 CHAPTER CLOSE sales between July 2001 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 June 2019 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the September 2021 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 7 CHAPTER CLOSE?

7 CHAPTER CLOSE is 207m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 7 CHAPTER CLOSE lies on this distribution: 96% of detached houses are smaller than 7 CHAPTER CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Welton.

7 CHAPTER CLOSE: Plot and Title Map

7 CHAPTER CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 7 CHAPTER 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 7 CHAPTER 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 7 CHAPTER CLOSE?

7 CHAPTER CLOSE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 7 on CHAPTER CLOSE.