2 New Cottages, Binbrook Road, Welton le Wold, Louth, LN11 0QT

HP Score
- Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate
Verdict
Derived from HomePortfolio scores
2 New Cottages earns an INVESTIGATE rating with HP Score 47/100. Investment score 56/100 reflects moderate fundamentals. Crime intensity is low. Walkability is limited (0/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is freehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.
Valuation & Market
Risk Overview
- Flood RiskUnknown
- SubsidenceModerate
- RadonLow
- MiningUnknown
- LandslideLow
- Air QualityLow
- NoiseLow
Planning Activity
- ApprovedN/200/01023/24Planning Permission - Construction of a new vehicular access track.
- ApprovedN/200/02267/23/DCDischarge condition 3 (Materials), 4 (Windows), 5 (Doors), 6 (Landscaping) and 7 (Drainage Strategy) imposed on N/200/00094/21.
- ApprovedN/200/01205/22Section 73 application in relation to condition no. 1 (development solely for the benefit of Mr. R. F. Lingard) previously imposed on planning permission ref. no. N/200/00247/87 for erection of a repair workshop for farm machinery and vintage tractors.
Ownership
- Corporate Ownership74.6%
- Overseas OwnershipNo
- Lease Term Remaining-
- CovenantsRestrictive
- Lease TypeFreehold
- Last Ownership Change2019-02-01
- SourceLand Registry
Connectivity
Area Profile
Schools Nearby
- King Edward VI Grammar School3.4 miGood
- The Donington-on-Bain School3.6 miGood
- Kidgate Academy3.7 miArea grades2024
Inspected after Ofsted withdrew the single overall grade.
- Greenwich House School3.7 miGood
1 of 12 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.
Comparables
- Xanadu-£400k-
- Bankside-£350k-
- The Old Rectory-£870k-
- Welton Manor-£1.55M-