21, SHERWOOD DRIVE, WADDINGTON, LINCOLN, LN5 9DD - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 SHERWOOD DRIVE is a midsized extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £246,662. It was last sold for £220,000 in February 2021, which was around 19% below the average February 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

21 SHERWOOD DRIVE Sold Prices

Land registry data shows two sales for 21 SHERWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 21 SHERWOOD DRIVE 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
2021 9 FEB	£220,000	£270,024	19% below HPI
1997 7 MAR	£52,000	£63,016	17% below HPI

21 SHERWOOD DRIVE 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 two 21 SHERWOOD DRIVE sales from March 1997 and February 2021 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 March 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 21 SHERWOOD DRIVE be worth now?

21 SHERWOOD DRIVE might now be worth an estimated £246,662.

This is based on house price inflation of 12.1%, between February 2021 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 12.1% inflationary increase is applied to the most recent sale price for 21 SHERWOOD DRIVE of £220,000 on 9th February 2021. For the value to have increased from £220,000 to £246,662 over the four years to February 2025, the following assumptions must hold true:

• The value of 21 SHERWOOD DRIVE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 21 SHERWOOD DRIVE has not materially changed since February 2021.

How Large is 21 SHERWOOD DRIVE?

21 SHERWOOD DRIVE is 97m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% 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 21 SHERWOOD DRIVE lies on this distribution: 48% of detached houses houses are smaller than 21 SHERWOOD DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Waddington.

21 SHERWOOD DRIVE: Plot and Title Map

21 SHERWOOD DRIVE sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 21 SHERWOOD DRIVE, 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 SHERWOOD DRIVE). 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 SHERWOOD DRIVE?

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