2, WILLOUGHBY LANE, WADDINGTON, LINCOLN, LN5 9DJ - £156,500

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 WILLOUGHBY LANE is a small extended detached house of 90m², which could now be worth an estimated £238,281. It was last sold for £156,500 in May 2015, which was around 21% below the average May 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

2 WILLOUGHBY LANE Sold Prices

Land registry data shows three sales for 2 WILLOUGHBY LANE 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 2 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
2015 8 MAY	£156,500	£198,842	21% below HPI
1999 15 OCT	£45,000	£71,527	37% below HPI
1995 25 AUG	£38,500	£61,507	37% below HPI

2 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 three 2 WILLOUGHBY LANE sales between August 1995 and May 2015 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 October 1999 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 WILLOUGHBY LANE be worth now?

2 WILLOUGHBY LANE might now be worth an estimated £238,281.

This is based on house price inflation of 52.3%, between May 2015 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 52.3% inflationary increase is applied to the most recent sale price for 2 WILLOUGHBY LANE of £156,500 on 8th May 2015. For the value to have increased from £156,500 to £238,281 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 2 WILLOUGHBY LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2015 sale price of £156,500 represented a fair market value for the property.
• The size, condition, and specification of 2 WILLOUGHBY LANE has not materially changed since May 2015.

How Large is 2 WILLOUGHBY LANE?

2 WILLOUGHBY LANE is 90m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 40% 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 WILLOUGHBY LANE lies on this distribution: 38% of detached houses houses are smaller than 2 WILLOUGHBY LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Waddington.

2 WILLOUGHBY LANE: Plot and Title Map

2 WILLOUGHBY LANE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2 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 2 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 2 WILLOUGHBY LANE?

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