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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 HOBART CLOSE is a very small extended detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £223,824. It was last sold for £215,000 in June 2024, which was around 26% 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	£290,814	26% below HPI
2007 27 APR	£138,000	£190,969	28% below HPI
2006 25 AUG	£149,000	£183,410	19% below HPI
2002 8 FEB	£77,500	£95,529	19% below HPI
2001 19 JAN	£64,950	£80,609	19% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2024 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 HOBART CLOSE be worth now?

2 HOBART CLOSE might now be worth an estimated £223,824.

This is based on house price inflation of 4.1%, between June 2024 and February 2025, 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 4.1% inflationary increase is applied to the most recent sale price for 2 HOBART CLOSE of £215,000 on 26th June 2024. For the value to have increased from £215,000 to £223,824 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 2 HOBART CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2024 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOBART CLOSE has not materially changed since June 2024.

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 houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waddington, and where 2 HOBART CLOSE lies on this distribution: 9% of detached houses 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.