15, CAIRNS WAY, WADDINGTON, LINCOLN, LN5 9UB - £149,950

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

15 CAIRNS WAY is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £149,950 in December 2005, which was around 17% below the average December 2005 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

15 CAIRNS WAY Sold Prices

Land registry data shows three sales for 15 CAIRNS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 15 CAIRNS WAY 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
2005 9 DEC	£149,950	£181,001	17% below HPI
2002 16 SEP	£110,000	£117,288	6% below HPI
2001 3 MAY	£73,000	£83,308	12% below HPI

15 CAIRNS WAY 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 three 15 CAIRNS WAY sales between May 2001 and December 2005 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 September 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2005 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 15 CAIRNS WAY?

15 CAIRNS WAY is 87m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 15 CAIRNS WAY lies on this distribution: 34% of detached houses are smaller than 15 CAIRNS WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Waddington.

15 CAIRNS WAY: Plot and Title Map

15 CAIRNS WAY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 15 CAIRNS WAY, 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 15 CAIRNS WAY). 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 15 CAIRNS WAY?

15 CAIRNS WAY is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 15 on CAIRNS WAY.