3, CHAPTER CLOSE, WELTON, LINCOLN, LN2 3FS - £117,950

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.

3 CHAPTER CLOSE is a midsized detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £420,216. It was last sold for £117,950 in December 2000, which was around 45% above the average December 2000 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

3 CHAPTER CLOSE Sold Prices

Land registry data shows one sale for 3 CHAPTER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2000 15 DEC	£117,950	£81,193	45% above HPI

What might 3 CHAPTER CLOSE be worth now?

3 CHAPTER CLOSE might now be worth an estimated £420,216.

This is based on house price inflation of 256.3%, between December 2000 and April 2026, 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 256.3% inflationary increase is applied to the most recent sale price for 3 CHAPTER CLOSE of £117,950 on 15th December 2000. For the value to have increased from £117,950 to £420,216 over the 26 years and eight months to April 2026, the following assumptions must hold true:

• The value of 3 CHAPTER CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2000 sale price of £117,950 represented a fair market value for the property.
• The size, condition, and specification of 3 CHAPTER CLOSE has not materially changed since December 2000.

How Large is 3 CHAPTER CLOSE?

3 CHAPTER CLOSE is 117m² according to the EPC inspection conducted in April 2018. This puts it in the largest 50% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 3 CHAPTER CLOSE lies on this distribution: 50% of detached houses are smaller than 3 CHAPTER CLOSE, and 49% of detached houses are larger. Note that EPC data is not available for all properties in Welton.

3 CHAPTER CLOSE: Plot

3 CHAPTER CLOSE sits on a plot of roughly 0.107 of an acre, or 433m².

Where is 3 CHAPTER CLOSE?

3 CHAPTER CLOSE is located in WELTON, in the LN2 postcode district.