2, HOBART CLOSE, WADDINGTON, LINCOLN, LN5 9FZ - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 HOBART CLOSE is a very small extended detached house of 68m², built sometime between 1996 and 2002. It was last sold for £215,000 in June 2024, which was around 30% below the average June 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

2 HOBART CLOSE Sold Prices

Land registry data shows five sales for 2 HOBART CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 2 HOBART 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
2024 26 JUN	£215,000	£305,296	30% below HPI
2007 27 APR	£138,000	£193,419	29% below HPI
2006 25 AUG	£149,000	£185,763	20% below HPI
2002 8 FEB	£77,500	£96,754	20% below HPI
2001 19 JAN	£64,950	£81,643	20% below HPI

2 HOBART 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 five 2 HOBART CLOSE sales between January 2001 and June 2024 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 April 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 HOBART CLOSE?

2 HOBART CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 2 HOBART CLOSE lies on this distribution: 9% of detached houses are smaller than 2 HOBART CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Waddington.

2 HOBART CLOSE: Plot and Title Map

2 HOBART CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 2 HOBART 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 2 HOBART 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 2 HOBART CLOSE?

2 HOBART CLOSE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 2 on HOBART CLOSE.