9, LANCASTER COURT, WELTON, LINCOLN, LN2 3SY - £305,000

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.

9 LANCASTER COURT is a small extended detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £302,893. It was last sold for £305,000 in August 2022, which was around 4% above the average August 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was B.

9 LANCASTER COURT Sold Prices

Land registry data shows three sales for 9 LANCASTER COURT 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. Two of the three 9 LANCASTER COURT sales were for above the average price, whilst one was 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
2022 24 AUG	£305,000	£293,139	4% above HPI
2009 31 JUL	£175,000	£180,953	3% below HPI
1999 5 NOV	£74,950	£74,391	1% above HPI

9 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 three 9 LANCASTER COURT sales between November 1999 and August 2022 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 July 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 9 LANCASTER COURT be worth now?

9 LANCASTER COURT might now be worth an estimated £302,893.

This is based on house price deflation of 0.7%, between August 2022 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 0.7% deflationary decrease is applied to the most recent sale price for 9 LANCASTER COURT of £305,000 on 24th August 2022. For the value to have decreased from £305,000 to £302,893 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 9 LANCASTER COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LANCASTER COURT has not materially changed since August 2022.

How Large is 9 LANCASTER COURT?

9 LANCASTER COURT is 103m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 9 LANCASTER COURT lies on this distribution: 36% of detached houses houses are smaller than 9 LANCASTER COURT, and 63% of houses are larger. Note that EPC data is not available for all properties in Welton.

9 LANCASTER COURT: Plot and Title Map

9 LANCASTER COURT sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 9 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 9 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 9 LANCASTER COURT?

9 LANCASTER COURT is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 9 on LANCASTER COURT.