Dell XPS 8700 processor upgradeable?

I recently bought a Dell XPS 8700, and I was wondering if the processor was upgradable. If it is upgradable, then it looks like the motherboard(0KWVT8) has a LGA 1150 socket. So does that mean that I can upgrade to any processor that supports the LGA 1150 socket or is there a set list of processors that only support this motherboard?