FAIRMOUNT, JOSHUA WAY, WADDINGHAM, GAINSBOROUGH, DN21 4SH - £195,000

FAIRMOUNT is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £195,000 in November 2023, which was around 31% below the average November 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

FAIRMOUNT Sold Prices

Land registry data shows three sales for FAIRMOUNT 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 FAIRMOUNT sales were 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
2023 29 NOV	£195,000	£281,430	31% below HPI
2019 21 JUN	£145,000	£214,477	32% below HPI
2000 8 AUG	£64,950	£74,056	12% below HPI

FAIRMOUNT 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 FAIRMOUNT sales between August 2000 and November 2023 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is FAIRMOUNT?

FAIRMOUNT is 88m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Waddingham, based on EPC data. The below chart shows the distribution of detached houses by size in Waddingham, and where FAIRMOUNT lies on this distribution: 21% of detached houses are smaller than FAIRMOUNT, and 79% of houses are larger. Note that EPC data is not available for all properties in Waddingham.

FAIRMOUNT: Plot and Title Map

FAIRMOUNT sits on a plot of roughly 242.1 acres, or 979,720m². The below map shows the location of FAIRMOUNT, 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 FAIRMOUNT). 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 FAIRMOUNT?

FAIRMOUNT is located on JOSHUA WAY in WADDINGHAM, in the DN21 postcode district. The below map shows the position of FAIRMOUNT on JOSHUA WAY.