1, WILLOUGHBY LANE, WADDINGTON, LINCOLN, LN5 9DJ - £141,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 WILLOUGHBY LANE is a small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £141,500 in July 2014, which was around 28% below the average July 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

1 WILLOUGHBY LANE Sold Prices

Land registry data shows two sales for 1 WILLOUGHBY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 1 WILLOUGHBY LANE 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
2014 28 JUL	£141,500	£195,463	28% below HPI
2006 21 JUL	£120,000	£181,714	34% below HPI

1 WILLOUGHBY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 1 WILLOUGHBY LANE sales from July 2006 and July 2014 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 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2014 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 WILLOUGHBY LANE?

1 WILLOUGHBY LANE is 81m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 1 WILLOUGHBY LANE lies on this distribution: 25% of detached houses are smaller than 1 WILLOUGHBY LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Waddington.

1 WILLOUGHBY LANE: Plot and Title Map

1 WILLOUGHBY LANE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 1 WILLOUGHBY LANE, 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 1 WILLOUGHBY LANE). 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 1 WILLOUGHBY LANE?

1 WILLOUGHBY LANE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 1 on WILLOUGHBY LANE.