15, THORSBY CLOSE, WADDINGTON, LINCOLN, LN5 9DF - £125,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 THORSBY CLOSE is a small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £172,031. It was last sold for £125,000 in March 2016, which was around 42% below the average March 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was D.

15 THORSBY CLOSE Sold Prices

Land registry data shows four sales for 15 THORSBY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 15 THORSBY CLOSE 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
2016 1 MAR	£125,000	£214,091	42% below HPI
2007 26 JAN	£119,995	£186,684	36% below HPI
2006 14 DEC	£115,000	£186,026	38% below HPI
2001 17 JUL	£73,000	£84,733	14% below HPI

15 THORSBY CLOSE 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 four 15 THORSBY CLOSE sales between July 2001 and March 2016 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 January 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2016 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 15 THORSBY CLOSE be worth now?

15 THORSBY CLOSE might now be worth an estimated £172,031.

This is based on house price inflation of 37.6%, between March 2016 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.6% inflationary increase is applied to the most recent sale price for 15 THORSBY CLOSE of £125,000 on 1st March 2016. For the value to have increased from £125,000 to £172,031 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 15 THORSBY CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2016 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THORSBY CLOSE has not materially changed since March 2016.

How Large is 15 THORSBY CLOSE?

15 THORSBY CLOSE is 78m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 30% of detached houses houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waddington, and where 15 THORSBY CLOSE lies on this distribution: 22% of detached houses houses are smaller than 15 THORSBY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Waddington.

15 THORSBY CLOSE: Plot and Title Map

15 THORSBY CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 15 THORSBY CLOSE, 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 THORSBY CLOSE). 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 THORSBY CLOSE?

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