26, MELBOURNE WAY, WADDINGTON, LINCOLN, LN5 9XJ - £275,000

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

26 MELBOURNE WAY is a large extended detached house of 122m², built sometime between 2007 and 2011. It was last sold for £275,000 in July 2021, which was about the average July 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

26 MELBOURNE WAY Sold Prices

Land registry data shows three sales for 26 MELBOURNE WAY 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. The three 26 MELBOURNE WAY sales were a mix of roughly equal to the average price, above the average price, and 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 23 JUL	£275,000	£275,781	Close to HPI
2016 27 JUN	£212,500	£221,506	4% below HPI
2001 30 NOV	£95,000	£92,321	3% above HPI

26 MELBOURNE WAY 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 26 MELBOURNE WAY sales between November 2001 and July 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 June 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 26 MELBOURNE WAY?

26 MELBOURNE WAY is 122m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 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 26 MELBOURNE WAY lies on this distribution: 73% of detached houses are smaller than 26 MELBOURNE WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Waddington.

26 MELBOURNE WAY: Plot and Title Map

26 MELBOURNE WAY sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 26 MELBOURNE WAY, 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 26 MELBOURNE WAY). 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 26 MELBOURNE WAY?

26 MELBOURNE WAY is located in WADDINGTON, in the LN5 postcode district. The below map shows the position of No. 26 on MELBOURNE WAY.