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

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 WILLOUGHBY LANE is a small extended detached house of 90m². It was last sold for £156,500 in May 2015, which was around 22% 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	£201,393	22% below HPI
1999 15 OCT	£45,000	£72,445	38% below HPI
1995 25 AUG	£38,500	£62,296	38% 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

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 in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 2 WILLOUGHBY LANE lies on this distribution: 38% of detached 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.