21, HOBART CLOSE, WADDINGTON, LINCOLN, LN5 9FZ - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

21 HOBART CLOSE is a small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £240,000 in June 2023, which was around 23% below the average June 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

21 HOBART CLOSE Sold Prices

Land registry data shows four sales for 21 HOBART 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 21 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
2023 8 JUN	£240,000	£309,817	23% below HPI
2015 23 NOV	£169,950	£211,957	20% below HPI
2004 12 AUG	£155,000	£171,818	10% below HPI
2000 19 MAY	£70,000	£77,302	9% below HPI

21 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 four 21 HOBART CLOSE sales between May 2000 and June 2023 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 November 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 21 HOBART CLOSE?

21 HOBART CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 21 HOBART CLOSE lies on this distribution: 28% of detached houses are smaller than 21 HOBART CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Waddington.

21 HOBART CLOSE: Plot and Title Map

21 HOBART CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 21 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 21 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 21 HOBART CLOSE?

21 HOBART CLOSE is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 21 on HOBART CLOSE.